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 ...
Tag: Kalshi
Kalshi Opens Early IPO Talks With Investment Banks as Revenue Surpasses $2 Billion
Prediction markets leader Kalshi has quietly begun engaging investment banks about a potential public listing, a development that could mark ...
CFTC Chairman Selig Backs Prediction Markets With New Case-by-Case Framework
Key TakeawaysCFTC proposed a June 10 framework with a 90-day review for certain event contracts.Kalshi gains clearer rules, while Polymarket ...
World Cup prediction markets hit $2B before kickoff as Spain and France go head to head
The FIFA World Cup has become a multibillion-dollar trading event before its June 11 kickoff, with prediction-market traders nearly split ...
Polymarket Accuses Kalshi of Corporate Espionage
Key TakeawaysPolymarket’s “Imitators” dossier logs roughly a dozen incidents it says show Kalshi copying its launches.Kalshi overtook Polymarket in April ...
Polymarket Traders Put 62% Odds on Bitcoin Dropping Below $60K This June – Bitcoin News
Key TakeawaysPolymarket’s June bitcoin market, with $6.22M in volume, prices a 62% chance BTC drops to $60,000 or below.Kalshi’s $60K-vs-$100K ...
Kalshi Sues Minnesota to Block First US Felony Ban on Prediction Markets
Key TakeawaysKalshi sued the state of Minnesota on May 28 to block SF4760, a felony ban set to take effect ...
House Republicans Open Investigation Into Kalshi, Polymarket Over Insider Trading
In brief House Republicans opened an insider trading probe into Kalshi and Polymarket over insider trading. Rep. James Comer requested ...
NHL and MLB Sign With Polymarket and Kalshi as Their Unions Ask CFTC to Intervene
Key Takeaways: Player unions for the NFL, MLB, NBA, NHL, and MLS jointly asked the CFTC to ban “negative outcome” ...
Hyperliquid Challenges Kalshi and Polymarket for a Multi-Billion-Dollar Prediction Market
Hyperliquid, one of the most active decentralised exchanges, may add prediction markets to its platform. This move would put it ...
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