PANews, October 1 — According to Reuters, people familiar with the matter said prediction market platform Kalshi is in advanced talks for a new funding round of about $1 billion at a valuation of roughly $40 billion, led by Sequoia Capital and Wellington Management, with Tiger Global Management and Dragoneer Investment Group possibly participating. In May this year, Kalshi completed a $1 billion Series F round at a $22 billion valuation.