Tagged: kalshi

November 8, 2026 @ 4:25 am By Omar Faridi  |  

Prediction markets faced their defining test during the 2026 midterm elections, correctly forecasting Democratic majorities in both chambers of Congress after roughly $1.3 billion in trading activity. Platforms such as Kalshi and Polymarket indicated a Democratic “blue wave” well before major television networks projected the… Read More

November 3, 2026 @ 7:07 pm By JD Alois  |  

Kalshi is anticipating a Democrat blowout just as polls close on the East Coast, and tallies start coming in. In recent days, the expectation is that Democrats will experience a “blue wave” as a barometer of dissatisfaction with President Donald Trump and his administration. Currently,… Read More

October 30, 2026 @ 5:51 pm By Omar Faridi  |  

Kalshi, the New York-based platform that lets users trade contracts on real-world events, has closed a $1 billion Series G round that values the company at $40 billion. The financing, announced on October 29, 2026, was co-led by Wellington Management and Sequoia Capital, with participation… Read More

October 28, 2026 @ 4:36 pm By Omar Faridi  |  

The Commodity Futures Trading Commission (CFTC) escalated its defense of federal oversight of prediction markets on October 27, 2026, by filing a lawsuit against the State of Utah and Attorney General Derek Brown. The action was brought in the U.S. District Court for the District… Read More

October 25, 2026 @ 11:48 pm By Omar Faridi  |  

Phantom has started offering US users access to prediction markets through its first domestic integration with the CFTC-registered exchange Kalshi. In a statement published on October 23, 2026, the company’s general counsel, Kevin Jacobs, announced that the feature is beginning a phased rollout, with broader… Read More

October 21, 2026 @ 10:18 am By Omar Faridi  |  

Utah Attorney General Derek Brown filed a civil lawsuit on October 20, 2026, against prediction-market operator Kalshi and affiliated entities, seeking to halt their activities in the state and recover estimated tens of millions in profits tied to Utah users. The action, lodged as a… Read More

October 19, 2026 @ 9:26 pm By Omar Faridi  |  

A recent nationwide survey reveals that a clear majority of US adults oppose the use of prediction markets for wagering on elections and other government-related events, even as these platforms expand rapidly and draw regulatory scrutiny. The research findings, from a Reuters/Ipsos poll, highlight bipartisan… Read More

October 7, 2026 @ 12:05 pm By Omar Faridi  |  

US Representative Don Davis of North Carolina has introduced legislation intended to stop people seeking federal office from buying, selling, or holding prediction market contracts that resolve based on their own campaigns. The measure, titled the No Betting on Your Own Race Act, was filed… Read More

October 5, 2026 @ 8:39 pm By Omar Faridi  |  

Senator Flávio Bolsonaro finished ahead of President Luiz Inácio Lula da Silva in the opening round of Brazil’s 2026 presidential election, an ordering that several late national polls had not projected and that the prediction market Polymarket had priced for weeks. The split between survey… Read More

September 29, 2026 @ 9:56 am By Omar Faridi  |  

A federal appellate panel has cleared the way for Ohio and Tennessee to apply their sports-wagering statutes to Kalshi, a prediction markets operator that lists contracts tied to sporting outcomes. On September 25, 2026, a three-judge panel of the US Court of Appeals for the… Read More

September 21, 2026 @ 10:34 am By Omar Faridi  |  

Kalshi, the CFTC-regulated prediction-market platform, is facing public accusations that its crypto perpetual-futures activity is inflated. The claims originated with Beni, a former quant and co-founder of Stealth Neolab, who published a detailed thread on X after a heated exchange with Kalshi’s crypto product lead…. Read More

September 20, 2026 @ 12:45 pm By Omar Faridi  |  

KalshiEX has asked US regulators for permission to list perpetual futures tied to individual American stocks, placing the prediction-markets firm in the same race as Coinbase to bring a crypto-style derivative into traditional equities. On September 18, 2026, KalshiEX filed a proposed rule change with… Read More

September 18, 2026 @ 3:47 pm By Omar Faridi  |  

BMLL Technologies has struck a partnership with Kalshi that brings the prediction-market venue’s historical order-book records onto BMLL’s institutional data platform. Announced on 17 September 2026 from London and New York, the deal folds Kalshi’s CFTC-regulated event-contract history into the same high-fidelity, multi-asset coverage that… Read More

September 12, 2026 @ 4:50 pm By Omar Faridi  |  

Kalshi has begun offering perpetual futures tied to gold and silver after the Commodity Futures Trading Commission (CFTC) cleared the listings, marking the prediction-market operator’s first move of this product type beyond digital assets. Trading in the new contracts opened Thursday on the company’s platform,… Read More

September 10, 2026 @ 1:20 am By Omar Faridi  |  

ION, a provider of trading technology and workflow software for financial institutions, has announced that Coinbase (NASDAQ: COIN) has chosen its XTP for Event Contracts platform to handle clearing for Kalshi’s prediction market products. The announcement, dated September 9, 2026, frames the deal as infrastructure… Read More

September 3, 2026 @ 5:00 pm By Omar Faridi  |  

A Michigan circuit court has extended restrictions that keep Kalshi from offering sports-related prediction contracts to people in the state, converting an earlier short-term freeze into a preliminary injunction that remains in place while the underlying lawsuit proceeds. Ingham County Circuit Judge Rosemarie E. Aquilina… Read More

August 31, 2026 @ 5:35 pm By Omar Faridi  |  

Kalshi has locked in an unexpected last-minute arrangement that places the federally regulated prediction market platform in an exclusive official role at the 2026 US Open. The agreement with the United States Tennis Association took effect as the main draw opened at Flushing Meadows, even… Read More

August 30, 2026 @ 1:01 am By Omar Faridi  |  

A federal appeals panel has given Nevada a significant win in its clash with prediction market operator Kalshi, holding that sports-event contracts listed on the company’s exchange are not “swaps” under federal commodities law and therefore are not shielded from state gaming rules. On August… Read More

August 27, 2026 @ 8:32 am By Omar Faridi  |  

Connecticut officials have taken prediction-market operator Kalshi to state court, asking a judge to halt what they describe as unlicensed sports betting offered through the company’s event contracts. Attorney General William Tong, Consumer Protection Commissioner Bryan T. Cafferelli, and Governor Ned Lamont announced the action… Read More

August 15, 2026 @ 2:42 pm By Omar Faridi  |  

Kalshi, one of the largest US prediction markets platforms, has reportedly removed its sports-related “mention markets” following the launch of a review by the Commodity Futures Trading Commission (CFTC) into this category of contracts. The agency is examining whether these markets are particularly vulnerable to… Read More