News list for "Kalsi"
Binance founder Changpeng Zhao (CZ) posted that the prediction market platform Kalshi now supports BNB's deposit and withdrawal functions.
According to a recent study by Kalshi cited by CoinDesk, prediction markets have significantly outperformed Wall Street professionals in their inflation forecasts, with an average error reduction of 40% over a 25-month period. The study found that this advantage is more pronounced when the economic environment is volatile, with forecast market error being 67% lower than traditional forecasts.
Prediction market platform Kalshi has been granted a temporary stay of enforcement action by Connecticut regulators after the Connecticut Department of Consumer Protection issued cease and desist orders to Kalshi, Robinhood and Crypto.com on December 2, accusing them of providing unlicensed sports-related betting services. Kalshi then filed a lawsuit against Connecticut authorities a day later, claiming that its marketplace, which allows users to trade the outcomes of future events, is a derivat...
According to market news, prediction market Kalshi completed a $1 billion financing, valuing the company at $11 billion.
According to market news: Kalshi is facing a lawsuit accused of operating an illegal sports betting website. The complaint alleges that Kalshi deceived users into thinking they were making legitimate bets with other consumers, when in fact they were betting against the platform party (the bookmaker).
Prediction markets are fast becoming the new trend in crypto and fintech. Kalshi was boosted by more than $1.30 billion in new capital this quarter, with a valuation soaring from $5 billion to $11 billion in a matter of weeks. Rival Polymarket is also in talks for a new funding round with a target valuation of $12 billion to $15 billion. Market capital is highly concentrated on the Kalshi and Polymarket platforms, which investors are betting will form a prediction market duopoly and become a cen...
Sui Network posted on the X platform that Sui and the on-chain prediction market are now available in Kalshi, and users in the United States can now deposit SUI and native USDC, and the rest of the world will soon be available.
Prediction market platform Kalshi filed a federal lawsuit against the New York State Gaming Commission on October 28, 2025, challenging the state's decision to ban its sports-related contracts. Kalshi, as a designated contract market (DCM) registered with the CFTC, argues that the CFTC has "exclusive jurisdiction" over derivatives on federally regulated exchanges under the Commodity Exchange Act, and that New York State's intervention violates federal law. The company had self-certified sports e...
Prediction market platform Kalshi received offers from investors valuing it at more than $10 billion.
CME Group plans to launch financial contracts linked to sporting events and economic indicators by the end of the year. The move would put the Chicago-based group in direct competition with prediction market platforms such as Kalshi and Polymarket, which have been fast-moving into the financial mainstream with the support of advisers from Donald Trump Jr., Mr. Trump's son, according to people familiar with the matter.
