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

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…