Kalshi

Kalshi

Markets

Jupiter DEX Launches Kalshi-Powered Prediction Market for F1 Mexico Grand Prix Winner

The platform, powered by Kalshi, allows users to speculate on the race outcome, with initial trading limits set to ensure stability.

16:9 crop: Gambling roulette chips betting casino chance. (Pixabay)

Finance

Kalshi Raises $300M at $5B Valuation, Expands Prediction Markets to 140 Countries: NYT

The funding round was led by major investors including Sequoia Capital, Andreessen Horowitz, Paradigm, CapitalG and Coinbase Ventures.

dollar bill

Markets

Kalshi Outpaces Polymarket in Prediction Market Volume Amid Surge in U.S. Trading

Kalshi’s weekly trading volume exceeded $500 million with an average open interest of around $189 million, surpassing Polymarket’s figures, according to Dune analytics data.

(Midjourney/CoinDesk)

Policy

Massachusetts State Attorney General Alleges Kalshi Violating Sports Gambling Laws

Kalshi's prediction markets for sports resemble licensed sports wagering products, the lawsuit said.

Kalshi will have a prediction contract weighed by the Commodity Futures Trading Commission. (Jesse Hamilton/CoinDesk)

Finance

Robinhood Partners With Kalshi to Launch NFL and College Football Prediction Markets

The new offering follows the success of Polymarket-style event trading, but with CFTC-regulated contracts in the U.S.

Robinhood app (Getty Images/Cheng Xin)

Markets

Elon Musk’s xAI Partners With Kalshi to Bring Grok to Prediction Markets

The partnership aims to use Grok’s AI to analyze real-world events for Kalshi’s regulated prediction markets.

Elon Musk

Markets

Kalshi Joins Polymarket in Unicorn Club With Latest Fundraise: Report

Kalshi has raised$185 million at a valuation of $2 billion, according to a release.

Kalshi will have a prediction contract weighed by the Commodity Futures Trading Commission. (Jesse Hamilton/CoinDesk)

Policy

Trump's CFTC Pick Says U.S. Can Boost Crypto Innovation and Shield Consumers

Brian Quintenz told senators at his confirmation hearing for CFTC chairman that Congress needs to ensure "full promise" of digital assets' potential.

Brian Quintenz (Senate Agriculture Committee, screen capture)

Policy

CFTC Drops Appeal in Kalshi Election Betting Case

The CFTC appealed a federal judge’s ruling last year clearing Kalshi’s listing of a political prediction market, arguing that it presented a “profound” harm to the public.

Caroline Pham, acting chairman of the Commodity Futures Trading Commission

Policy

Kalshi Will Win Battle With Nevada: Crypto Attorney

Kalshi's fight with Nevada is a question of federalism, and the language of the Commodities Exchange Act (CEA) is clearly in its favor says crypto attorney Aaron Brogan.

(Sung Shin/Unsplash)