The prediction market platform is exploring a public listing in informal discussions with investment banks as its business scales past $2B annualized revenue.

Kentucky's attorney general sued Kalshi and Polymarket alongside sweepstakes operator VGW for operating unlicensed gambling platforms in the state.

The Chicago Mercantile Exchange challenged the CFTC's regulatory approval process for Kalshi's crypto perpetual futures contracts in federal court.

Kalshi's trading activity hit a record $8.5B in weekly volume during the 2026 World Cup prediction market activity.

Both platforms offer real-time odds and prediction markets covering World Cup matches, group winners and tournament outcomes.

Both platforms launched region-specific promo codes offering sign-up bonuses ranging from $10 to $20 for World Cup trading across California, Oregon, New York,

Prediction market odds on a potential SpaceX-Tesla merger moved higher recently, with some data points showing odds near 70% after SpaceX's IPO activity.

Nevada's gaming control board is moving to penalize Kalshi for non-compliance with a regulatory court order.

Industry observers argue that prediction markets like Kalshi have matured into core financial market infrastructure despite ongoing regulatory challenges.

The Milwaukee Bucks player has taken an ownership stake in the prediction market platform.

GOP lawmakers have proposed legislation to prohibit Congress members from trading on Kalshi, Polymarket and other prediction markets.

Economic experts note that real-world prediction markets like Kalshi and Polymarket have fallen short of the forecasting accuracy gains economists had anticipat

The prediction market added cryptocurrency trading capabilities for users.

The platform's early trading volume was partly driven by novelty markets on celebrity news before expanding into sports and politics.

Prediction market traders have raised implied probability of UK PM resignation before July based on political developments.

Kalshi and other prediction markets have expanded sports coverage to include early odds on future NFL seasons and championship outcomes.

Prediction market platforms including Kalshi have launched contracts on the final round of the U.S. Open golf tournament.

Mainstream business media outlet Morning Brew has begun regular coverage of prediction market activity and trends.