PitchBook: Kalshi's base-case valuation is approximately $30.4 billion, with a high of up to $42.1 billion

Odaily reports: According to a report from financial investment data firm PitchBook, its base-case valuation for prediction market platform Kalshi is approximately $30.4 billion, with a valuation of up to $42.1 billion under a strong market performance scenario and approximately $22.8 billion under a bearish scenario. Kalshi completed a $1 billion Series F funding round in May this year at a post-money valuation of $22 billion.

PitchBook expects Kalshi's revenue to reach $6.4 billion by 2030, with adjusted profit reaching $3.7 billion. However, regulatory risk in sports prediction markets is a key variable affecting its valuation. Currently, the sports market contributes approximately 69.9% of Kalshi's event fee revenue, and this share rises to 82.4% when including Exotics products such as multi-game parlays.