Kalshi is in talks for a new funding round at a $65 billion valuation.

BlockBeats news, November 13 - According to Bloomberg, people familiar with the matter revealed that prediction market platform Kalshi, just weeks after completing a funding round at a $40 billion valuation, is now in talks with investors for a new funding round targeting a valuation of $65 billion.

The people said that the previous funding round announced in late October was originally expected to be the company's last before its planned initial public offering (IPO), but the company subsequently decided to continue raising capital through the private market. The person requested anonymity due to the undisclosed funding negotiations.