Prediction market Kalshi is generating more than $2 billion in annualized revenue, up about three times from November, as traders betting on NBA and World Cup games drove a surge in trading volume, according to people familiar with the company’s financials. Kalshi’s fast growth has led its top ...

Polymarket and Kalshi are racing to turn more major events into opportunities to place bets, including everything from daily temperature highs during a New York City heat wave to…

Kalshi says its perpetual futures topped $5.5 billion in volume in two weeks, and the prediction-market platform now plans to expand beyond crypto.

Prediction market Kalshi is generating more than $2 billion in annualized revenue, up about three times from November, as traders betting on NBA and World Cup games drove a surge…

The prediction markets platform raised $1 billion in a Series F round in May, bringing its valuation to $22 billion.

Kalshi is holding early-stage talks with investment banks about a future IPO as the prediction market platform's annualized revenue tops $2B.

The prediction markets platform raised $1 billion in a Series F round in May, bringing its valuation to $22 billion.

The New York Times reports that Kalshi has spent the past several months preparing to transform itself into a platform for hedge trading by hiring trading specialists...

Prediction market giant Kalshi is exploring a potential IPO for 2027 or 2028 after annualized revenue surpassed $2 billion.