Kalshi
Kalshi Raises $1B at $11B Valuation as Prediction Market Race Continues: TechCrunch
The CFTC-regulated exchange is gaining ground on crypto-native Polymarket, offering event contracts with fiat access and legal clarity.
Prediction Market Kalshi Sues New York Regulator Over Sports Contracts Ban
Kalshi argues that the CFTC has exclusive jurisdiction over derivatives on federally regulated exchanges, and state interference would fragment the system.
Polymarket Seeks Investment at Valuation of $12B-$15B: Bloomberg
That level would mark a more than 10-fold increase since June, when Polymarket raised $200 million at a $1 billion valuation.
NHL Opens Door to Prediction Markets in Landmark Deals With Kalshi, Polymarket: WSJ
The league's first-ever licensing agreements with non-sportsbook platforms mark a shift in pro sports’ embrace of event-based derivatives.
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.
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.
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.
Massachusetts State Attorney General Alleges Kalshi Violating Sports Gambling Laws
Kalshi's prediction markets for sports resemble licensed sports wagering products, the lawsuit said.
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.
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.
