Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-06-25T16:29:00+00:00
Prediction market Kalshi is seeking to raise new capital at a valuation of $40 billion U.S. The newest valuation is nearly double the $22 billion U.S. that the company was valued at in its last funding round and comes as Kalshi says it is preparing for an initial public offering (IPO). Media reports say Kalshi is aiming to complete its new funding round by the end of this year's third quarter. Ripple, The Company Behind XRP, Is Valued At $50 Billion Eightco Secures $125 Million Investment From Bitmine And ARK Invest, Shares Surge Blockchain Projects Decline 75% As Developers Shift To A.I. Stanley Druckenmiller Says Stablecoins Could Reshape Global Finance New York Stock Exchange Invests $600 Million In Polymarket The new $40 billion U.S. valuation would put Kalshi ahead of rival prediction
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.