Kalshi

Kalshi has raised $1 billion in a Series G funding round, reaching a $40 billion valuation as the prediction market platform expands into financial markets. Wellington Management and Sequoia Capital...

Phantom has expanded beyond cryptocurrency trading by introducing prediction markets that let eligible US users speculate on real-world events directly through its wallet. The integration with Kalshi brings regulated event...

S&P Dow Jones Indices (S&P DJI) and Kalshi have announced a strategic collaboration to link prediction markets with traditional financial benchmarks. Announced on October 26, the agreement will allow Kalshi...

The NBA has partnered with Kalshi and Polymarket, becoming the third major U.S. sports league to embrace prediction markets. The agreement introduces new safeguards while expanding access to official league...

In mid-October 2026, total volume in crypto-related prediction markets on Kalshi and Polymarket hit a record $2.7 billion in one week, driven heavily by short-term bets on Bitcoin’s (BTC) price...

Phantom has introduced Kalshi-powered prediction markets for US users, allowing customers to trade contracts tied to real-world events directly through its mobile app. The feature covers sports, politics, economics, and...

The Commodity Markets Council has urged the Commodity Futures Trading Commission (CFTC) to reject Kalshi’s proposed perpetual oil contracts, warning that they could threaten market integrity and intensify competition in...

Kalshi is expanding its U.S. crypto derivatives business with bitcoin-backed loans and a distribution deal with Webull. The move targets traders seeking perpetual futures exposure without selling their existing crypto...

Utah Attorney General Derek Brown has sued prediction market platform Kalshi, alleging that its sports and political event contracts violate state gambling laws. The lawsuit seeks to halt the platform’s...

The National Football League has urged the U.S. Supreme Court to review whether sports prediction contracts qualify as gambling or financial derivatives. The league supports New Jersey regulators, who oppose...

Kalshi is considering a funding round of about $1 billion at a valuation near $40 billion, according to reports, as the prediction-market operator expands beyond event contracts. Sequoia Capital and...

Kalshi suffered another legal setback after the Sixth Circuit ruled that Ohio and Tennessee can enforce their sports betting laws against the prediction-market operator. The court said Kalshi had not...

Senate Banking Committee Democrats are pressing for a public hearing on prediction markets after Republicans met privately with Kalshi executives. The push places growing scrutiny on markets offering contracts tied...

Kalshi is pushing back against claims that repeated $5,500 trades in its ether perpetual futures market indicate wash trading. The exchange said the activity is linked to its market-making programs,...

Polymarket has appointed veteran finance executive Warren Jenson as its Chief Financial Officer. The move comes as the prediction market platform accelerates its U.S. expansion and strengthens its global operations. ...

DoubleZero has expanded its institutional market-data offering by adding Kalshi’s election markets ahead of November’s US midterm elections. The move gives financial firms easier access to real-time political market data...

Kalshi has moved deeper into traditional markets after filing plans for gold and silver perpetual futures with the CFTC. The move would expand its derivatives lineup beyond cryptocurrency and give...

New Jersey is asking the U.S. Supreme Court to decide how much control states have over prediction markets, escalating a legal fight over sports betting and federal oversight. The state...

The Commodity Futures Trading Commission ordered former White House teleprompter operator Gabriel Perez to pay more than $172,000 after finding that he used advance knowledge of President Donald Trump’s speeches...

A U.S. appeals court has handed Kalshi a major setback in Nevada. The ruling strengthens state authority over sports prediction markets. It also deepens a growing legal conflict with federal...

Connecticut has sued Kalshi, intensifying a growing legal battle over whether prediction markets can offer sports contracts nationwide. The state claims Kalshi crosses the line into unlicensed sports gambling. However,...

Kalshi traders see Bitcoin at $77,000 by year-end despite its 20% weekly rally, signaling caution over how long the surge can last.

Kalshi challenges Nevada over $120,000 daily penalties, arguing investigators bypassed its geofencing controls during enforcement tests.

Prediction market platform Kalshi has launched its U.S. Midterm Hub ahead of the November 2026 U.S. midterm elections, providing real-time election odds and voter sentiment data through event-based trading markets....

perpetual futures linked to gold, foreign exchange, and energy markets. The expansion marks the company’s next step after launching U.S.-regulated crypto perpetual futures in May.  Besides broadening its product lineup,...