Tagged: kalshi

In Run Up to Superbowl, Polymarket Hit with Class Action Lawsuit, Filed in SDNY

A class action lawsuit has been filed against prediction marketplace Polymarket, claiming illegal gambling. The suit was filed in the Southern District of New York, claiming that Polymarket is an unlicensed sports betting firm. The case has been filed with Lorenzo Miro of San Diego… Read More

Prediction Markets Not Too Confident President Trump Will Acquire Greenland

President Donald Trump is rattling world markets once again as his quest to acquire Greenland, one way or another ratchets ups with declarations of added tariffs on various European countries. On Saturday, Trump stated that until a deal regarding Greenland was not reached, the following… Read More

Tennessee Cracks Down on Prediction Markets : Cease-and-Desist Orders Hit Kalshi, Polymarket, Crypto.com

Tennessee has emerged as a key player in enforcing state-level regulations against platforms blending prediction markets with sports outcomes. On January 9, 2026, the Tennessee Sports Wagering Council (SWC) issued cease-and-desist orders to three major operators—Kalshi, Polymarket, as well as Crypto.com—accusing them of violating the… Read More

New Legislation Targets Insider Trading in Prediction Markets Following Dramatic Venezuela Intervention

In a move spurred by recent geopolitical events, Democratic Representative Ritchie Torres from New York is set to unveil the Public Integrity in Financial Prediction Markets Act of 2026. This proposed law aims to address concerns over potential misuse of confidential information in decentralized wagering… Read More

Decentralized Prediction Markets Platform Kalshi Could Challenge Traditional Inflation Forecasting Models

In the evolving ecosystem of prediction markets, Kalshi Inc. has quickly emerged as a significant force, recently highlighting research that positions its platform as a potentially superior tool for anticipating inflation trends. This development comes at a time when economic uncertainty continues to grip global… Read More

Phantom, Kalshi Bring Prediction Markets to Global Crypto Wallet

Phantom, a crypto wallet trusted by more than 20 million users, and Kalshi, the world’s prediction market, introduced a new way to trade what’s trending. With Phantom Prediction Markets, users can tap into the moments shaping politics, crypto, sports, and culture, discovering markets and watching… Read More

Coinbase to Enter Prediction Markets as Competition Heats Up in Hot Sector of Fintech

Coinbase (NASDAQ:COIN) is expected to enter the hot prediction markets. Currently exemplified by Kalshi and Polymarket, just this past week,  Gemini Space Station (NASDAQ:GEMI) just received approval for a DCM license from the Commodity Futures Trading Commission (CFTC) to operate its own prediction marketplace. While Coinbase has… Read More

Kalshi, CNN to Partner Following $1 Billion Funding Round

Prediction market Kalshi has announced a partnership with the news broadcaster CNN, which is owned by Warner Bros. Discovery (Nasdaq:WBD). Kalshi announced: “CNN partners with Kalshi to integrate prediction markets into its global newsroom. The first major news network to embrace Kalshi prediction markets. A… Read More

Kalshi Adds Sei Integration

Sei has integrated with the prediction market Kalshi. Sei is a blockchain that claims to be the highest Level 1 blockchain that claims to transact at 400ms – faster than any other Layer 1 EVM blockchain. The Sei Giga network upgrade is expected to improve… Read More

Kalshi Reportedly Secures $1B in Funding at $11B Valuation

Kalshi, one of the fast-growing prediction market platforms that allows users to wager on the outcomes of real-world events, has reportedly acquired $1 billion in new funding at a valuation of $11 billion. This, according to recent media reports that referenced a source claiming to… Read More

Kalshi Pushes Back on Gaming Regulation, Says Consumers Want Federal CFTC Oversight

Are prediction markets gambling or investing/trading? Well, some believe stock markets are more akin to gambling than to investing, yet public markets are subject to federal oversight – not state control like gambling. Kalshi, a top prediction marketplace, has issued a statement today pushing back… Read More

Kalshi Has Zohran Mamdani Win at 93%, Polymarket at 95%

Will prediction markets once again prove to be prescient for political predictions? Let’s hope not. Today, with polls open, the New York City Mayoral election is in full swing with upstart Marxist Zohran Mamdani, battling traditional Democrat Andrew Cuomo and Republican Curtis Silwa to become… Read More

RedStone, Kalshi Partner to Bring Prediction Market On Chain

Popular prediction marketplace Kalshi has partnered with RedStone to bring Kalshi’s platform on-chain for over 110 networks, according to a company release. RedStone is a blockchain oracle delivering price feeds for DeFi assets, including tokenized assets. The company reports securing over $8.5 billion in claiming… Read More

Prediction Markets Kalshi and Polymarket Enter NHL Deals

The National Hockey League (NHL) has forged multi-year US focused partnerships with prediction platforms Kalshi and Polymarket, designating both as official prediction market partners. Announced recently, this marks the first such collaboration between a major American professional sports league and these innovative firms, signaling a… Read More

Pyth Network and Kalshi to Enable Real-Time Prediction Market Data Onchain

Pyth Network, a provider of institutional market data, announced its partnership with Kalshi, the U.S. federally regulated event-exchange platform, to deliver its prediction market information across 100+ blockchains. This reportedly marks the first time regulated event data will be streamed onchain at scale, allowing web3… Read More

Decentralized Prediction Market Kalshi Reports New Funding at $5B Valuation

Co-founder Tarek Mansour noted that Kalshi recently raised $300M+ at a $5B valuation, led by Sequoia and a16z. Since then, he claims that they have grown more than 3x, reached $50B of annualized volume, and became the largest prediction market in the world. And now,… Read More

Massachusetts Sues Kalshi for Illegal Betting, Robinhood Backs Up Kalshi

The state of Massachusetts filed a lawsuit against prediction market Kalshi last week, alleging the platform was conducting illegal sports betting. Massachusetts Attorney General Andrea Joy Campbell stated that sports wagering comes with significant risk and must be strictly regulated by the state to mitigate… Read More

Prediction Markets : Polymarket and Kalshi May Target Higher Valuations via Potential Funding Rounds

In the ecosystem of decentralized finance and event-based trading, decentralized prediction markets platforms are capturing investor attention with potential fundraising plans. Reports indicate that Polymarket, a blockchain-driven prediction market, is exploring a new capital infusion that could peg its worth at between $9 billion and… Read More

Kalshi Raises $185 Million at a $2 Billion Valuation

Popular prediction market Kalshi has raised $185 million at a $2  billion valuation after a “breakout year.” The  prediction market said the Series C funding round was led by Paradigm, with participation from Sequoia, Multicoin, Neo, BOND Capital, Citadel Securities CEO Peng Zhao, and other… Read More

Prediction Markets Benefit from Trump – Musk Melodrama

As the GOP devolves into finger-pointing and name-calling, the prediction markets are benefiting from the entire melodrama. As the whole world knows now, Elon Musk and President Trump are no longer best buddies. The epicenter of the breakup is the Big Beautiful Bill, the tax… Read More

Send this to a friend