Prediction market startup Kalshi announced on Thursday a $1 billion Series F round, valuing the company at $22 billion. That’s double the $11 billion valuation Kalshi nabbed just five months ago after ...

Prediction market platform Kalshi said it raised $1 billion in fresh funding at a $22 billion valuation, as institutional investors increasingly turn to event contracts for trading and hedging. The ...

The platform for betting on sports, politics, the weather and more has raised $1 billion and sees big financial firms as a key source of growth. By Michael J. de la Merced Since the 2024 presidential ...

Kaslhi is expanding its events contracts into brokerage platform DriveWealth, coming as the prediction market faces scrutiny over insider trading cases involving a politician and an employee of ...

Maryland urged a federal court Thursday to allow it to block sports-event contracts offered by Kalshi, arguing the company’s prediction market products are effectively sports bets. At issue is ...

An announcement on Friday confirmed the new multiyear partnership between Kalshi, The Garden, and MSG Networks. Leading prediction platform Kalshi was named the Official Prediction Market Partner of ...

Prediction market startup Kalshi announced Thursday it raised $1 billion in fresh capital that doubled its valuation and two cofounders’ fortunes to $2.6 billion in the matter of six months, according ...

NEW MEXICO — Four New Mexico tribes are suing the online betting platform, Kalshi, over concerns about how people are using it. The Sandia, Isleta and Pojoaque Pueblos and the Mescalero Apache Tribe ...

Four New Mexico tribes are taking prediction market company Kalshi to federal court, arguing that its sports contracts amount to illegal online sports betting conducted on tribal lands without ...

A Kentucky man has filed a proposed class action against prediction market company Kalshi, accusing the platform of offering illegal gambling products to residents across the state. The lawsuit was ...

Three New Mexico pueblos and the Mescalero Apache Tribe filed a federal lawsuit on Tuesday against New York-based prediction market company Kalshi Inc., alleging the firm’s sports-betting app operates ...

Since the 2024 presidential election, Kalshi has helped take prediction markets mainstream, as individual users have flocked to its platform to bet on sports, politics and more. Now the company has ...