Tagged: kalshi

Federal Court Rejects Kalshi’s Request to Block New York Gambling Rules Enforcement

A federal judge in Manhattan has denied prediction market operator Kalshi’s effort to stop New York from enforcing its gambling laws against the platform’s sports-related offerings. The July 7, 2026 ruling by US District Judge Analisa Torres clears the way for state regulators to proceed… Read More

Prediction Markets: Little Change in Expectation for USA vs. Belgium Match After Florian Balogun Reinstatement

The Red Card given to Team USA striker Florian Balogun has been debated ad-nauseam online and on social media. On one side, the Red Card is deemed to be a bad call and a suspension of Balogun undeserved. On theFlorian BalogunFlorian Balogun other, the Red… Read More

Meta to Launch its Own Prediction Market Arena After Talks with Kalshi

Meta (NASDAQ:META) was in talks with Kalshi about a potential acquisition prior to its decision to launch its own prediction market. According to reports, Meta CEO Mark Zuckerberg met with Kalshi CEO Tarek Mansour in 2025. While the details remain unclear, the discussion fell apart… Read More

Phantom Wallet Moves Prediction Market Backend to World Prediction Markets, Enabling Automatic On-Chain Settlement

Phantom, the Solana cryptocurrency wallet serving more than 20 million users, has updated the infrastructure supporting its in-app prediction markets feature. Starting with positions opened on or after June 1, 2026, new trades now rely on World Prediction Markets instead of the previous Kalshi-powered system…. Read More

Coalition for Prediction Markets Files Amicus Brief Supporting CFTC Oversight in Battle with the States

The Coalition for Prediction Markets, a group that represents Kalshi, crypto.com, and several other platforms, has submitted an Amicus Brief in support of the lawsuit (KalshiEX LLC v. Schuler et al.) targeting Kalshi and its preference for the Commodity Futures Trading Commission to hold regulatory… Read More

Kalshi Reportedly Explores Early IPO Path as Annualized Revenue Tops $2 Billion

Prediction market platform Kalshi has entered informal discussions with investment banks about a potential initial public offering, according to a new report. The conversations remain preliminary, with any listing likely still more than a year away. The development comes alongside strong evidence of accelerating business… Read More

Kalshi Partners with StarCompliance to Introduce Compliance Tools for Prediction Markets 

StarCompliance has teamed up with Kalshi to roll out what is described as the industry’s comprehensive, enterprise-level compliance platform tailored specifically for global prediction markets. Announced on June 17, 2026, the collaboration aims to help financial institutions better manage emerging risks associated with employee involvement… Read More

CFTC Chairman Talks Up Perpetual Futures

Perpetual futures, or Perps, have arrived in the US with the first regulated Perp issue by Kalshi, referencing Bitcoin. Expect more to follow BTCPERP was approved last month by the Commodity Futures Trading Commission (CFTC). While some marketplaces offered a perpetual-like product, and they have… Read More

Ex- SEC Chair Gensler Challenges CFTC Claim to Regulate Sports Wagering Contracts, Tells Appeals Court Dodd-Frank Does Not Cover Sports Bets

Former US Securities and Exchange Commission (SEC) Chairman Gary Gensler has taken a strong stance against expansive federal authority in the realm of sports betting. In an amicus curiae brief submitted to the U.S. Court of Appeals for the Sixth Circuit, Gensler argues that the… Read More

Kalshi Political Index, American Power Index, Revealed

Prediction market Kalshi has created an “American Power Index” that is designed to be an Index like the S&P 500 for the political ecosystem. Kalshi allows betting on events on just about anything. The political index is an interesting extrapolation of the platform’s services that… Read More

Coinbase, Kalshi to Add Perpetual Crypto Futures Trading

Coinbase (NASDAQ:COIN) and Kalshi have been approved to offer perpetual crypto futures trading. In a series of updates, the Commodity Futures Trading Commission (CFTC) announced that “certain crypto asset perpetuals” will be allowed via a no-action letter. Coinbase Financial Markets (CFM), a subsidiary of Coinbase,… Read More

Spain Imposes Temporary Block on Prediction Market Platforms Polymarket and Kalshi Over Licensing Concerns

Spanish authorities have recently announced that they’ve taken regulatory action against US-based prediction market platforms, temporarily restricting access within the country. The decision underscores ongoing global debates about how to properly classify and oversee platforms that allow users to wager on the outcomes of real-world… Read More

Dune Analytics Unifies Prediction Markets Data from Polymarket and Kalshi

Dune Analytics has introduced a unified dataset that brings together data from Polymarket and Kalshi, offering a valuable new resource for macro, equity, and quantitative researchers. The platform now delivers clean, easily queryable information that includes hourly candlestick prices, detailed per-fill trades, position-level insights, and… Read More

Prediction Markets : Kalshi Hits $22B Valuation in Latest Funding Round

Prediction markets are experiencing steady growth, and Kalshi, a U.S.-based platform for event contracts, has become the latest emblem of this momentum. The company recently closed a $1 billion Series F funding round led by Coatue Management, with participation from heavyweights including Sequoia Capital, Andreessen… Read More

Kalshi, Mesh, Partner on Crypto Deposits and Payouts

Prediction market platform Kalshi has partnered with Mesh to enable crypto payouts and deposits, according to a company statement. Mesh is expected to enable Kalshi to connect with over 300 wallets and exchanges, including Coinbase, Binance, MetaMask, and others. The partnership is being described as… Read More

Brazilian Authorities Block Prediction Markets Kalshi and Polymarket to Ensure Investor Protection

Brazilian authorities have blocked access to leading prediction market platforms, including Kalshi and Polymarket. The move forms part of a larger enforcement effort targeting unlicensed betting-style services, with officials emphasizing the need to shield everyday investors from unregulated risks. Finance Minister Dario Durigan announced the… Read More

Prediction Markets Platform Kalshi Aims to Strengthen Market Integrity with Penalties for Congressional Candidates for Insider Trading

Prediction market platform Kalshi has taken decisive steps to combat potential insider trading, imposing fines and suspensions on three congressional candidates who placed bets on the outcomes of their own election campaigns. The actions, announced on April 22, 2026, underscore the company’s commitment to tightening… Read More

Ohio Regulator Signals $5M Penalty Against Prediction Markets Platform Kalshi for Unlicensed Operations

Ohio’s gambling oversight agency has formally notified prediction market leader Kalshi of its intent to impose a $5 million fine, marking a sharp escalation in the state’s crackdown on unlicensed sports-related trading. The Ohio Casino Control Commission (OCCC) issued the notice Tuesday afternoon to KalshiEX… Read More

Nevada Judge Prolongs Restriction on Kalshi’s Prediction Market Operations

A Nevada judge has extended an order blocking prediction market platform Kalshi from allowing residents to trade contracts tied to sports and other events unless the company first obtains a state gaming license. The decision, issued on April 3 in Carson City, marks a notable… Read More

CFTC Sues States Gunning for Prediction Markets: Will Continue to Safeguard Exclusive Regulatory Authority

The Commodity Futures Trading Commission (CFTC) is poised to do battle with several states that have challenged prediction market platforms. The CFTIC filed suit today, challenging the legal actions of Arizona, Connecticut, and Illinois against CFTC-registered designated contract markets. The CFTC stated: “Congress long ago… Read More

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