Tag: Kalshi

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Kalshi pushes deeper into politics as it eyes commodity contracts

Prediction market platform Kalshi rolled out its U.S. “Midterms Hub” as it seeks to position itself as the primary reference for election odds in...

Kalshi says CFTC, Michigan orders leave it in ‘impossible position’

Kalshi says it is being put in an “impossible position” after the US commodities regulator on Tuesday said it was blocking the prediction market...

U.S. CFTC moves to stop Kalshi from canceling trades as ordered by Michigan court

The U.S. Commodity Futures Trading Commission threw itself in between Michigan courts and prediction market firm Kalshi on Tuesday, issuing an order to disallow...

Kalshi, state cases from the past week

In the Nevada Supreme Court, Kalshi lost an effort a few days ago to halt a requirement that it block its customers in the...

Massachusetts AG Files Amended Lawsuit Against Kalshi over Sports Betting after Court Ruling

Prediction markets platform Kalshi’s legal battle against Massachusetts will continue after a judge ruled that state authorities could add allegations against the company over...

Michigan Judge Blocks Kalshi from Allowing Residents to Place Sports Bets

A Michigan judge temporarily blocked prediction market Kalshi from allowing residents to place bets on sporting events, after the state's attorney general accused the...

Zuckerberg Urges Meta to Explore Polymarket and Kalshi Partnerships

Mark Zuckerberg has pushed Meta's leadership to explore partnerships with Polymarket and Kalshi, per a new New York Times report, days after a separate...

Kalshi seeks funding at $40 billion valuation, widening lead over rival Polymarket

Kalshi is seeking to raise fresh capital at a valuation of about $40 billion, nearly doubling the $22 billion valuation it targeted in its...

Kalshi Sues Illinois Officials over Prediction Markets Restrictions

Prediction markets company Kalshi has filed a lawsuit against state officials in Illinois over legislation it says “expressly bans sports event contracts” on its...

Prediction Market Kalshi Eyes IPO As Revenue Hits $2 Billion

Kalshi, the prediction markets platform that has become the dominant force in U.S. event contracts, is in informal talks with investment banks...

Kalshi Eyes Broader Asset Classes for Perpetual Futures After $5.5B Crypto Launch

After generating $5.5 billion in trading volume in two weeks, Kalshi is pushing to extend its CFTC-regulated perpetual futures beyond crypto into a wider...

TopNod Challenges Polymarket, Kalshi With Free World Cup Prediction Game

The 2026 World Cup begins on June 11, and TopNod today launched ‘TopNod Million Cup’, a free-to-play World Cup prediction campaign.The non-custodial wallet announced...