Tag: kalshi
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Kalshi’s $400 million-plus monthly commodity trade volume outpaces early crypto growth
Sept 8 : Prediction market startup Kalshi said on Tuesday monthly commodities trading volume on its platform was four times that of cryptocurrency at the same point, seven months after launch.Here are more details: • Commodities trading reached more than $400 million of monthly volume, the company sa
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New Jersey asks US Supreme Court to assess power to regulate sports bets on Kalshi
Sept 2 : New Jersey authorities on Wednesday asked the U.S. Supreme Court to resolve whether states have the power to police sports betting that occurs on prediction markets operated by Kalshi and competing platforms.The state asked the Supreme Court to overturn a lower court’s decision in April holding that
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Ex-congressman George Santos banned from betting platform Kalshi for life
The prediction market operator Kalshi says Santos made barred trades and misleading comments that influenced prices.
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Kalshi inks brand partnership with five MLB teams
Aug 25 : Kalshi entered brand partnerships with five Major League Baseball teams in the United States, the prediction market startup said on Tuesday, solidifying engagement for fans on its app. Here are more details from the announcement: • The brand partnership agreements were signed with Boston Red
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Kalshi hits the back of the net with $27 billion FIFA World Cup windfall
July 23 : Prediction market startup Kalshi scored well during the 2026 FIFA World Cup, netting roughly double its projected user traffic and trading volume as fans scrambled to turn their soccer savvy into profits.Kalshi recorded $27 billion in trading volume and saw about 3 million users during the length of
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Kalshi debuts US midterms hub for election forecasts and polling data
July 22 : Prediction market operator Kalshi said it had launched a new hub for tracking the U.S. midterm elections, offering users real-time election forecasts alongside polling, fundraising and historical election data.The New York-based company said the hub will provide a market-based view of election races
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Judge rejects Kalshi bid to block New York gambling enforcement law
NEW YORK, July 8 : A federal judge denied Kalshi’s bid to block New York from enforcing its gambling laws against the prediction markets platform, amid a growing battle between federal and state regulators over authority to police the fast-growing industry.In a decision on Tuesday, U.S. District Judge Analisa
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Zuckerberg asks Meta to explore working with Polymarket and Kalshi, NYT reports
June 26 : Meta CEO Mark Zuckerberg has urged his lieutenants to explore partnerships with the popular prediction markets Polymarket and Kalshi as his company builds a similar app, the New York Times said on Friday, citing three employees with knowledge of the matter. Meta and Kalshi did not immediately respon
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Prediction market Kalshi bets on compliance to address insider trading concerns
June 9 : Prediction market Kalshi said on Tuesday it will mandate employment disclosures for users trading on sensitive contracts and launch a whistleblower portal, steps aimed at aligning the platform with regulatory expectations for market integrity.The move by Kalshi marks a shift toward building instituti
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