Kalshi CEO Confirms Early IPO Discussions, Eyes $40B Valuation
Kalshi co-founder and CEO Tarek Mansour confirmed the prediction market giant is considering a potential IPO.
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Kalshi co-founder and CEO Tarek Mansour confirmed the prediction market giant is considering a potential IPO.
Polymarket has become the exclusive prediction market partner of the Bundesliga in the U.S.
The securities provider Charles Schwab is set to introduce prediction market offerings allowing users to trade contracts linked to the performance of top US companies.
Polymarket took another hit in Michigan on Wednesday as a federal judge denied the prediction market platform’s motion for a preliminary injunction against state officials.
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The prediction market operator Kalshi has introduced new job detail requirements for certain users. The firm aims to prevent insider trading and restrict certain individuals from engaging in sensitive trades.
After noting the opportunity presented by prediction markets for sports data companies, Sportradar is officially entering the space through an extensive data and integrity partnership with Kalshi.
Sign up a new prediction market account with the Kalshi promo code HANDLE to net $10 in bonus funds.
Kalshi is developing a terminal-style platform for active traders, introducing real-time market monitoring and order book visibility while extending its suite of trading tools beyond its core prediction market offering, according to media reports.
Lawyers have warned South Koreans who trade contracts on prediction markets could face prosecution under gambling laws, after a Polymarket user won $160,000 on the outcome of the Seoul mayoral election.
A Nevada state court has granted a preliminary injunction against prediction market operator Polymarket, marking the latest legal victory for state regulators seeking to restrict event-contract trading platforms.
The Nevada Gaming Control Board (NGCB) secures a temporary shutdown order against Polymarket following a favorable ruling from a federal judge in a legal dispute over sports event contracts.