Prediction market exchange Kalshi is reportedly preparing to expand into cryptocurrency trading by introducing perpetual futures contracts, marking a major shift beyond its core event-based derivatives business. In a Tuesday report, The Information cited …
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Kalshi
- Bitcoin & Ethereum
Arizona Judge Blocks Gambling Enforcement Against Kalshi Contracts
by adminby adminA federal judge in Arizona has temporarily barred state officials from enforcing gambling laws against Kalshi, siding with the CFTC. A federal judge in Arizona has temporarily barred state officials from enforcing gambling laws …
Kalshi delisted its sports, elections, and entertainment contracts in Nevada on Saturday to comply with a court ruling, setting up a major clash in the upcoming April 3rd TRO hearing. Kalshi officially exited Nevada …
- Altcoin Highlights
Coinbase Prediction Markets Go Live Nationwide Following $34.5B Kalshi Success
by adminby adminKey Notes The platform integrates event contracts tradable with USD or USDC, removing the need for separate accounts. Coinbase acquired The Clearing Company in December to build compliant infrastructure for event-based trading. The exchange …
- Web3 Technology
Phantom Crypto Wallet Adds Kalshi Prediction Markets for Over 20 Million Users
by adminby adminIn brief Phantom wallet integrated Kalshi’s prediction markets, allowing 20+ million users to trade on politics, sports, and culture directly within the app. The integration includes social features like live community chat and real-time …
- NFT & Metaverse
Kalshi Reportedly Raises Another $1 Billion for $11 Billion Valuation
by adminby adminPredictions market platform Kalshi has reportedly raised an additional $1 billion from at least two venture capital firms, increasing its valuation to $11 billion. Kalshi’s latest funding round was led by Sequoia Capital and …
- DeFi Market
The History of Crypto Prediction Markets: How Polymarket and Kalshi Emerged as Winners in a Crowded Space
by adminby adminPolymarket and Kalshi are now considered the top crypto prediction markets, but the space was once led by other players taking very different approaches. Intercontinental Exchange’s move to invest up to $2 billion into …
Crypto Education
Kalshi Sued Over Refusing to Pay Out Prediction Market After Iran Leader’s Death
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In brief Kalshi is facing a lawsuit in California over its resolution of a market related to the former Iranian leader. The prediction market opted to utilize a rules provision called the “death carveout,” …
Kalshi built $1.2B in weekly volume with US users alone. Polymarket built $952M with everyone else, per Defi Rate analytics. Kalshi has raised $1 billion in new funding at an $11 billion valuation, per …
