Kalshi wants its most serious traders to feel like they’re sitting on a Wall Street desk, not browsing a betting app.
The CFTC-regulated prediction market platform is developing a professional-grade trading interface modeled after the Bloomberg Terminal. The new interface is currently in alpha testing with a select group of high-end traders. Building a terminal that lets traders manage multiple event contract positions, access live trade data, and execute trades with less friction is the kind of move that signals Kalshi isn’t content being a consumer-facing platform anymore.
From retail darling to institutional contender
Kalshi raised $1 billion in its Series F funding round in May 2026, pushing its valuation to $22 billion. The round included Coatue, Sequoia, and a16z.
The platform now reports an annualized trading volume of $178 billion. Kalshi claims to account for over 90% of US prediction market activity.
