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The Latest Breaking News from Kalshi

Prediction Market Kalshi Raises $185M, Surges To $2B Valuation

Prediction market platform Kalshi has secured a $185 million Series C funding round, pushing the company's valuation to $2 billion.

Benzinga

Trump’s SEC will buoy ‘aggressive innovation,’ Webull president says: ‘Boundaries are going to be tested’

The stock-trading platform’s ties to China have invited scrutiny, but Webull’s Anthony Denier is optimistic about the company’s relationship with regulators.

Fortune

Robinhood offers March Madness betting with new prediction market service

The move underscores Robinhood's push into the fast-growing field of prediction markets.

Fortune

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Prediction markets were right on the election. What do they have to say about the Super Bowl?

Also…psychics and professional oddsmakers.

Fortune

Betting markets predict higher egg prices and more tariffs

Bettors are forecasting that Trump’s trade war isn’t set to end with the proposed tariffs on China, Canada, and Mexico

The Independent UK

Robinhood is letting some customers wager on the outcome of Super Bowl LIX

Some customers will be able to wager on the outcome of the Chiefs vs the Eagles in Robinhood's first foray into sports betting.

Fortune

Prediction market Kalshi enters sports betting ahead of Super Bowl, after naming Donald Trump Jr. as an advisor

“Today, on the heels of our explosive growth, Kalshi takes its next big step: Sports.”

Fortune

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Trump Jr. joins betting-market startup

The platform predicted Trump's win and is in a legal tussle with the federal government over election betting

Salon

Prediction-market startup Kalshi nabs Donald Trump Jr. as a strategic adviser

Son of incoming president says such markets will ”upend mainstream media”.

Fortune

The most important tech stories of 2024, and also my favorite ones

Today, we’re looking at a few themes that will influence the online and offline worlds in 2025

The Guardian - US

Betting markets also won the election

Supporters say the outcome bolsters the case for election betting in the U.S.

Salon

TechScape: Betting markets come for everything – and the FBI comes for a betting market

This week in tech news, online predictors are riding high after a slew of accurate US election wagers. Plus, Trump and Musk try to weaponize the communications regulator•

The Guardian - UK

The FBI just raided the home of Polymarket’s founder. What does the future of electoral betting markets hold?

VCs from Sequoia and Dragonfly on the future of prediction markets.

Fortune

Online prediction betting markets look ahead after US presidential election triumph: ‘We’re just getting started’

Wagering platforms like Kalshi and Polymarket want to expand rapidly, offering bets on awards, epidemics, the economy and more, after ‘astronomical’ election growth

The Guardian - US

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The Guardian - US

US pollsters taking heat – again – for failing to predict Trump triumph

Polling experts called on to explain surveys that showed Trump and Harris deadlocked in a race deemed too close to call

The Guardian - US

Betting markets swing hard to Trump with early election tallies

Apps such as Polymarket and Kalshi place Trump as likely winner as election officials continue to count ballots

The Guardian - US

Trump’s lead over Harris in betting market erodes as platforms tighten odds

Top platforms had placed Republican ahead but Democrat is catching up and even leads on one app

Fortune

Trump leads Harris on Robinhood’s new prediction market with 100 million contracts traded

Robinhood rolled out its new prediction market last month.

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Fortune

Exclusive: Election betting site Polymarket is rife with fake ‘wash’ trading, researchers say

Blockchain evidence points to users carrying out market manipulation to inflate trading volumes on the popular political betting platform.

Fortune

Exclusive: Prediction market Kalshi launches crypto deposits as Trump maintains big lead on betting sites

Kalshi still lags behind Polymarket, the offshore leader among electoral betting markets.

The Independent UK

Noted oddsmaker JD Vance says Trump has a 60% chance to win the election

Ohio senator polls shouldn’t be trusted because ‘if you’re a higher education level Democrat, you’re much more willing to answer pollster questions’

The Independent UK

Here’s why you shouldn’t put your faith - or money - on election betting markets

Betting on the US election is a new opportunity with no historical accuracy but that hasn’t stopped people from making wagers

Fortune

Kalshi points to a Trump win. Its 28-year-old CEO says the betting market is more reliable than polling

Meet the man trying to turn electoral betting into a $1 trillion market.

The Independent UK

‘That’s a good thing for democracy’: Is gambling making politics fun?

Is election betting good fun, civic engagement, or a threat to democracy itself? asks Josh Marcus

Fortune

Donald Trump gains the upper hand in the prediction markets—an indicator more accurate than polls, expert claims

More than $1.9 billion in crypto has been wagered on this presidential election on Polymarket. Here's why that matters

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