Kalshi finalizing new funding at $40 billion valuation ahead of planned IPO
The round would nearly double Kalshi's $22 billion May valuation, with Sequoia, Wellington, Tiger Global and Dragoneer among the reported participants.
Bloomberg.com · +15 outlets
Sixth Circuit rules Ohio and Tennessee may apply gambling laws to Kalshi sports contracts
The ruling deepens a federal circuit split over whether prediction market sports contracts are swaps or gambling, raising the odds of Supreme Court review.
VitalLaw.com · +14 outlets
CFTC investigates former Rep. Adam Kinzinger over Kalshi trades tied to Biden pardons
Reports say the regulator is examining whether Kinzinger, a frequent Kalshi critic, traded on information about his own pardon.
Crypto Briefing · +12 outlets
Kalshi to end volume incentive program on Oct. 13 amid wash trading allegations
The platform is scrapping trader volume rewards a year early after scrutiny of roughly $5 billion in trading tied to the incentives.
The Block · +9 outlets
Kalshi and Polymarket trading volumes draw scrutiny as growth fuels valuation focus
Reported volumes on some products are raising questions about market making versus wash trading as prediction market valuations climb.
Traders Union · +7 outlets
Kalshi introduces new security measures to combat insider trading
The platform is adding safeguards after regulators opened probes into insider trading on prediction markets.
ForkLog · +13 outlets
NCPG executive director departs as Kalshi partnership draws criticism
The National Council on Problem Gambling's ties to Kalshi have split the group and prompted leadership turnover.
CDC Gaming · +8 outlets
DraftKings and FanDuel parent hit multiyear lows as Kalshi eyes $40B valuation
Shares of the incumbent sportsbook operators are under pressure as prediction markets gain share.
Yahoo Finance · +2 outlets
Kalshi receives margin trading clearance for professional clients
The approval expands Kalshi's offerings beyond cash-settled contracts to a more sophisticated client base.
CoinMarketCap · +2 outlets
Prime brokers move to open Kalshi prediction markets to hedge funds
Institutional access could broaden participation in prediction markets beyond retail traders.
CoinMarketCap · +14 outlets
Cathie Wood's ARK Invest adds Kalshi to its ETF strategy
ARK's inclusion of Kalshi exposure alongside NVIDIA, SpaceX and Tesla holdings signals growing institutional interest in prediction markets.
bloomingbit · +14 outlets
CFTC moves to draw line between prediction markets and gambling after Kalshi court loss
The agency is weighing rulemaking as courts continue to split on prediction market sports contracts.
Benzinga · +14 outlets
Kalshi's US political gauge hits Democrats +3.8, highest this year, 36 days before midterms
Prediction market pricing points to improving Democratic odds ahead of the November midterms.
bloomingbit · +1 outlets
Kalshi traders price 34% odds bitcoin hits $100K in 2026
Market-implied probability puts a six-figure bitcoin price as a minority scenario for next year.
Cryptonews.net · +8 outlets
Kalshi traders see high odds Anthropic announces an IPO this year
Prediction market pricing reflects expectations that the AI developer could move toward a public listing.
CNBC · +14 outlets
CFTC sues states over Kalshi and Polymarket with Trump Jr. backing
Federal litigation against state gambling regulators continues as the agency defends prediction markets.
readsludge.com · +13 outlets
Sixth Circuit ruling seen supporting tribal gaming authority over Kalshi
Tribal gaming groups argue the decision reinforces their authority to regulate sports wagering activity.
news.worldcasinodirectory.com
Ohio Gov. DeWine says state will hold Kalshi accountable after court ruling
State officials are signaling enforcement steps after the Sixth Circuit upheld state gambling authority.
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