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...

While Polymarket does have a U.S. app that falls under the CFTC’s purview, much of its trading volume comes from its international platform.

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…

Wealthsimple is launching a Kalshi-powered prediction markets app in Canada, offering access to 4,000 event contracts as regulators and exchanges worldwide debate the future of…

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...