The round roughly doubles Kalshi's valuation from its May price tag and funds expansion into crypto and single-stock perpetual futures, extending the prediction

The charges escalate the jurisdictional conflict between state regulators and the federally regulated event-contract exchange, with Polymarket US also reported

Lawmakers are asking the two prediction markets to disclose safeguards against trading on nonpublic election information as midterm wagering volume grows.

The deal marks the first NBA team tie-up for a prediction market as sports event contracts draw growing scrutiny from gambling regulators.

The suit adds Missouri to the list of states where Kalshi is litigating whether federal commodities law preempts local gambling oversight.

Hiring the former U.S. solicitor general signals Kalshi is preparing to take the sports event-contract dispute to the high court.

The appellate argument is a key test of whether the CFTC's exclusive jurisdiction over event contracts survives state challenges.

Licensing major stock indexes expands Kalshi's product line beyond politics and sports toward financial market outcomes.

The offering lets crypto traders gain exposure to Kalshi ahead of a possible listing, a structure that raises questions about how private-company economics are

The New York Times reports Kalshi is challenging a decades-old commodities law as part of its bid to widen allowable event-contract categories.

The collegiate sports body is sharing integrity data with a prediction market, extending monitoring cooperation beyond traditional bookmakers.

The finding challenges the claim that prediction market prices consistently outperform polls and models in forecasting elections.

The integration adds prediction market data and access to Broadridge's trading infrastructure, a step toward mainstream brokerage distribution.

The usage illustrates how event contracts are being pitched as risk-management tools rather than purely speculative wagers.

Internal tribal governance fights are threatening the partnerships Kalshi relies on to operate in those markets.

The hires signal a widening Washington influence campaign as prediction markets face state and federal scrutiny.

Market pricing on the midterms is drawing wide attention as a real-time gauge of congressional control.

Senate control pricing in key states is becoming a closely watched indicator ahead of the November election.