Browsing: Kalshi

New York has sued prediction market platform Kalshi, alleging it operates an illegal, unlicensed gambling business by offering event contracts on sports, elections and other outcomes.The…

In brief New York State wants Kalshi shut down and stripped of three times its gains, with damages put at a minimum of $36 billion. The…

Online prediction market Kalshi has raised more than $300 million at a $5 billion valuation as prediction markets move into the financial mainstream, according to a…

Prediction markets are not a niche crypto subculture anymore. They are mainstream finance.  Kalshi, one of the world’s largest prediction markets that accepts bitcoin deposits, announced…

Key NotesThe fintech platform’s trading volume surged 200X while its user base grew 20X over the past year.Kalshi now commands over 60% of global prediction market…

In brief Prediction market Kalshi has been valued at $5 billion as it raised $300 million with participation from Sequoia, Andreessen Horowitz, Paradigm, and more. It…

United States-based prediction marketplace Kalshi has closed another major funding round to bring its platform to more than 100 countries worldwide.Kalshi has completed a Series D…