Washington state judge orders Kalshi to halt sports and election markets by Sept. 2
A King County Superior Court judge ruled Kalshi's sports and election prediction markets constitute illegal gambling under Washington state law, ordering the pl
LegalSportsReport · +15 outlets
Kalshi in talks to raise $750M at $40B valuation with Sequoia and Wellington
The prediction market platform is reportedly in final talks for a massive funding round that would nearly double its valuation, driven by surging revenue estima
CoinDesk · +14 outlets
CFTC probes Kalshi's 'mention markets' as platform pauses sports-name bets
The Commodity Futures Trading Commission launched a probe into Kalshi's mention markets (contracts referencing named sports figures), which the platform has tem
bitcoinfoundation.org · +8 outlets
Connecticut wins court backing to regulate Kalshi's sports markets
A federal judge ruled Connecticut can impose its sports betting regulatory framework on Kalshi, as the state opposes Kalshi's bid to continue operating pending
RTTNews · +14 outlets
Baltimore sues Kalshi and Polymarket over alleged illegal sports gambling
The city of Baltimore filed lawsuits against both prediction market platforms, claiming they operate unlicensed sportsbooks in violation of state law.
WBAL-TV · +14 outlets
Coinbase, Kalshi, a16z, Ripple execs expected at White House meeting
Reports indicate executives from major crypto and prediction market firms are scheduled to meet with White House officials next week to discuss industry policy.
Seeking Alpha · +9 outlets
Regulators and banks step up scrutiny of prediction markets
CNBC reports that financial regulators and banking institutions are increasing oversight of prediction market platforms amid rapid industry growth.
CNBC · +7 outlets
CFTC uses emergency powers to shield Kalshi from New York crackdown
The CFTC intervened to allow Kalshi to continue operating amid a New York state probe and potential shutdown threat, asserting federal regulatory authority.
londoninsider.co.uk · +10 outlets
Kalshi rolls out institutional market data feed via DoubleZero Edge
Kalshi launches a fiber-optic multicast order book feed aimed at institutional traders, becoming the first prediction market to offer such infrastructure.
Crowdfund Insider · +5 outlets
Crypto.com challenges Kalshi and Polymarket with prediction markets expansion
Crypto.com partnered with Solidus Labs to launch prediction market products, entering direct competition with Kalshi and Polymarket.
Yahoo Finance · +14 outlets
FlightAware withdraws lawsuit against Kalshi over flight-cancellation markets
The flight-tracking company dropped its legal challenge against Kalshi's flight-cancellation prediction contracts, ending that dispute.
Maryland Daily Record · +14 outlets
Kalshi faces class action over $54M Khamenei market after invoking 'death carveout'
A class-action lawsuit was filed against Kalshi over its handling of a market on Iran's Supreme Leader, after the platform invoked a death contingency clause.
Yellow.com · +2 outlets
Apex and Kalshi open prediction markets to more brokerage firms
The partnership between Apex Clearing and Kalshi expands access to prediction market trading for additional brokerage clients.
CoinLaw · +8 outlets
Novig announces responsible trading framework with minimum age of 21
Competing prediction market Novig introduced a responsible trading policy including a 21+ age minimum as the industry faces regulatory pressure.
The Event Horizon · +8 outlets
Kalshi markets bet on AI IPOs and Mars missions
Kalshi launched prediction markets on upcoming AI company IPOs and Mars exploration milestones, expanding beyond sports and politics.
StartupHub.ai
Kalshi markets bet on AI IPOs and Mars missions
Kalshi launched prediction markets on upcoming AI company IPOs and Mars exploration milestones, expanding beyond sports and politics.
StartupHub.ai
California goat herder covers legislative risk using Kalshi
A California goat grazing company used Kalshi prediction markets alongside Susquehanna to hedge against legislative risk from a change in state law.
Kalshi News · +2 outlets
Trading the CPI print on Kalshi: how inflation markets work
An explainer details how traders can use Kalshi's inflation-linked prediction markets to speculate on CPI data releases.
OddsShopper · +14 outlets