Tag: Kalshi

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US House Lawmakers Launch Probe into Kalshi, Polymarket Insider Trading

Update (May 22 at 7:40 pm UTC): This article has been updated to include statements from Polymarket and Kalshi.The chair of the US House...

Congress hits Polymarket and Kalshi with a massive insider trading probe

The U.S. House Oversight Committee plans a probe into the largest prediction market platforms over suspicions that government employees could be exploiting classified information...

CFTC Backs Kalshi in Ohio Appeals Court Fight

The US Commodity Futures Trading Commission has backed Kalshi in the company’s legal fight against the state of Ohio, asking an appeals court to...

Kalshi Officially Confirms $1B Raise at $22B Valuation

Kalshi's co-founder said the new capital will be used to accelerate that institutional adoption. Prediction market platform Kalshi has officially confirmed it raised $1 billion...

Kalshi confirms $1 billion raise that values the firm at $22 billion amid prediction market boom

Prediction market platform Kalshi said it raised $1 billion in fresh funding at a $22 billion valuation, as institutional investors increasingly turn to event...

Gemini shares surge on potential prediction market challenge to Kalshi, Polymarket, Hyperliquid

Gemini Space Station (GEMI), the crypto exchange run by Cameron and Tyler Winklevoss, received U.S. Commodity Futures Trading Commission (CFTC) approval for a derivatives...

XO Market bets on user-generated prediction markets to rival Polymarket and Kalshi

*** NOT FOR PUBLICATION - EMBARGOED TILL 5AM ET APRIL 30 ****XO Market is betting that the future of prediction markets won’t be dictated...

Kalshi Says Bitcoin Payments And Prediction Markets Are Building A New Exchange For Big Money

Kalshi’s head of crypto, John Wang, used a Bitcoin 2026 fireside chat to argue that regulated prediction markets offer a more accessible way to...

Brazil Bans 27 Prediction Platforms, Including Kalshi and Polymarket

Brazilian authorities have moved to shut down 27 prediction market platforms, including Kalshi and Polymarket.The decision, announced Friday, follows a directive from the Ministry...

Wisconsin joins prediction market fight, suing Kalshi, Coinbase, Polymarket, Robinhood and Crypto.com

Prediction markets have a consistent line: their products are financial instruments, not bets. Wisconsin isn't buying it, and in a new complaint targeting Kalshi,...

Polymarket and Kalshi Are Both Set to Launch Perp Trading

Polymarket announced early access for perpetual futures trading, while The Information reported that Kalshi is planning a similar product launch.The two largest prediction market...

Kalshi flags more insider trading cases, including politician who appeared on FBoy Island

Kalshi, one of the leading prediction market firms, has issued another set of insider-trading disciplinary actions against users accused of making improper trades based...