Kalshi in early IPO talks with investment banks: report
The prediction market platform is reportedly exploring a public listing after surpassing $2 billion in annualized revenue as sports contracts face mounting legal scrutiny.
Read More »Kalshi Sues Minnesota to Block First US Felony Ban on Prediction Markets
Prediction market platform Kalshi has filed a federal lawsuit to block a first-in-the-nation Minnesota law that would make operating or advertising prediction markets a felony, escalating a nationwide fight over…
Read More »Prediction Market Boom Continues With Polymarket and Kalshi Leading $25.7B Month
By the numbers, prediction markets recorded their second-highest notional volume over a two-year period. Data compiled by Dune Analytics shows that roughly seven platforms tallied $25.7 billion in notional volume…
Read More »Polymarket odds of US invading Iran this year reach 63% after Trump’s post
The President of the United States continues to give contradictory signals of escalating the war and winding it down within a few weeks.
Read More »Report: Prediction Markets Polymarket and Kalshi Eye $20B Valuations as Investor Interest Builds
According to a recent report, the two heavyweight prediction markets, Polymarket and Kalshi, are said to be chatting with prospective backers about fresh fundraising rounds. Current figures place Kalshi’s valuation…
Read More »Prediction Markets Trigger Federal-State Clash as CFTC Defends Authority
The CFTC is escalating its defense of exclusive authority over U.S. commodity derivatives and prediction markets as legal battles threaten to redraw regulatory lines and restrict access to event contracts…
Read More »Prediction markets are not being manipulated — Kalshi founder
The most recent Polymarket odds put Trump’s chances of winning the 2024 Presidential election at 60.3% and winning all six swing states.
Read More »Rep. Torres 'happy' to help CFTC in regulating election betting contracts
New York Congressman Ritchie Torres stated he is “more than happy” to work with the CFTC to develop a plan for regulating election betting contracts in the United States.
Read More »U.S. Election Betting Delay Would Be ‘Devastating’ to Kalshi, Firm Says
Kalshi “has staked its future on this litigation and these markets,” the prediction market platform said, pushing back against CFTC’s emergency motion.
Read More »