Crypto Biz: Kalshi, Blockchain.com and Crypto Treasury Valuations

Crypto Biz: Kalshi, Blockchain.com and Crypto Treasury Valuations

Crypto capital is flowing again, but investors are becoming more selective as once-popular business models lose their premium and security risks persist.

Kalshi, Blockchain.com and Crypto Treasury Valuations

Crypto companies are raising billions again, but investors are no longer handing out premiums indiscriminately. Kalshi is reportedly seeking $1 billion at a $40 billion valuation, nearly twice what it was worth in May. Meanwhile, Blockchain.com is preparing for an initial public offering (IPO) at a potential $6 billion valuation, well below the $14 billion […]

Crypto Sees Billions Return as Trading Premiums Fade

Crypto fundraising and public-market plans are restarting, but the investor appetite that once rewarded crypto balance sheets at steep premiums appears to be fading. New reporting points to sharply different valuations for companies trying to access capital—ranging from prediction market operator Kalshi to exchange and wallet provider Blockchain.com—while a DWF Ventures analysis suggests that many [...]

Crypto’s billions are back, but the premiums aren’t

Kalshi seeks a $40 billion valuation, while Blockchain.com targets an IPO and crypto treasury companies struggle to maintain their once-high valuations.