Kalshi Debuts 'Fair Markets' Lobby Group as Congress Opens Insider Trading Probe
In brief Kalshi has unveiled Americans for Fair Markets (AFM), a “well-capitalized” advocacy group designed to lobby Capitol Hill. AFM has tapped Taylor Budowich, a...
Tag : Kalshi
US House lawmakers launch probe into Kalshi, Polymarket insider trading
The chair of the US House of Representatives’ Oversight and Government Reform Committee sent letters to the CEOs of Kalshi and Polymarket, questioning the companies’...
House Republicans Open Investigation Into Kalshi, Polymarket Over Insider Trading
In brief House Republicans opened an insider trading probe into Kalshi and Polymarket over insider trading. Rep. James Comer requested records tied to suspicious trades,...
CFTC backs prediction market Kalshi in appeals court fight against Ohio
The US Commodity Futures Trading Commission has backed Kalshi in the company’s legal fight against the state of Ohio, asking an appeals court to affirm...
Kalshi valuation reaches $22bn after Coatue raise
Kalshi’s valuation has hit $22bn after a $1bn Series F led by Coatue, doubling its worth in just five months. Summary Kalshi raised $1bn in...
Kalshi denies prediction markets are gambling products
Prediction markets closed out Consensus Miami 2026 as the subject of a live debate on whether they are regulated financial derivatives or gambling products operating...
Kalshi see valuation double to $22B after $1B raise as prediction markets boom
Prediction marketplace Kalshi has reached a $22 billion valuation after closing a $1 billion Series F funding round, underscoring growing venture capital appetite for prediction...
Prediction Market Startup Kalshi Boosts Valuation to $22 Billion With Fresh $1B Investment
In brief Prediction market platform Kalshi raised $1 billion at a $22 billion valuation in a Series F round led by Coatue. The platform said...
Prediction markets enter institutional era after first Kalshi block trade
Prediction markets are moving closer to institutional finance as large investors seek direct ways to trade event risk, according to a May 4 Bernstein report. ...
Kalshi, Polymarket among 27 prediction platforms banned in Brazil
Brazilian authorities have moved to shut down 27 prediction market platforms, including Kalshi and Polymarket. The decision, announced Friday, follows a directive from the Ministry...