Wall Street Journal · Clara Hudson ·
Kalshi partners with Weather Co. to verify climate and weather prediction market settlements; Kalshi says weather vertical trading volume will hit $1.1B in 2026
The trading platform is now getting input from experts that operate a leading weather app to verify increasingly popular climate-prediction markets
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The Information: Kalshi is in advanced talks to raise $750M+ co-led by Sequoia Capital and Wellington Management at a $40B valuation; Kalshi was valued at $22B in May