Kalshi


Markets

U.S. Election Betting: Kalshi's Polymarket Rival Quickly Gets Traction

In just three weeks, Kalshi's presidential prediction market has passed $30M in volume. It still trails the $2 billion traded on Polymarket since January.

MIAMI, FLORIDA - OCTOBER 21: A person wears an 'I Voted' sticker after casting their ballot in a polling station as early voting begins on October 21, 2024, in Miami, Florida. Early voting runs from Oct. 21 through Nov. 3 in Miami-Dade and Broward. People head to the polls to decide, among other races, the next president of the United States. (Photo by Joe Raedle/Getty Images)

Policy

U.S. Election Betting: Federal Court 'Erred' in Letting Kalshi Launch Prediction Markets, CFTC Says

The regulator filed its opening brief in its appeals case to tamp down on political event contracts.

DOYLESTOWN, PENNSYLVANIA - OCTOBER 15: Rich Kampert, 71, votes using an absentee or mail-in ballot on October 15, 2024 in Doylestown, Pennsylvania. Registered voters in Pennsylvania can vote "On Demand" by requesting, a mail-in or absentee ballot filing it out and dropping it off all in one visit to their county election office or other designated location. (Photo by Hannah Beier/Getty Images)

Markets

Kalshi Finds 'Widespread Evidence' of Strong Republican Momentum in U.S. Elections

A note from Kalshi's market research team suggests the prediction market - polls gap can be explained by Harris' sliding popularity with key demographics.

Donald J. Trump at a rally (Gerd Altmann, modified by CoinDesk)

Finance

U.S. Election Betting: Regulated Presidential Markets Are Live, and Tiny Compared to Polymarket's

With a month to go before Election Day, Kalshi and Interactive Brokers have listed prediction markets on the race for the White House.

MIAMI, FLORIDA - OCTOBER 02:  In this photo illustration, the names of the candidates for the 2024 Presidential election, including Republican presidential nominee, former U.S. President Donald Trump, and Democratic presidential nominee, Vice President Kamala Harris, appear on a vote-by-mail ballot on October 02, 2024 in Miami, Florida. With 33 days to go until election day, voters across the nation have begun to receive their absentee/mail ballots. (Photo illustration by Joe Raedle/Getty Images)

Policy

U.S. Election Betting: Kalshi Preps Presidential Prediction Markets After Re-Launching Congressional Contracts

Interactive Brokers' ForecastEx is also preparing presidential and Congressional contracts following the latest court defeat for the CFTC.

DOYLESTOWN, PENNSYLVANIA - SEPTEMBER 30: A locked ballot box is pictured at the Board of Elections office on September 30, 2024 in Doylestown, Pennsylvania. Absentee and mail-in ballot processing begins in Pennsylvania at 7am on Election Day according to the National Conference of State Legislatures. (Photo by Hannah Beier/Getty Images)

Opinion

Prediction Markets Go to Washington('s Appeals Court)

A federal appeals court will consider the CFTC's ongoing efforts to keep political prediction markets from launching.

(Win McNamee/Getty Images)

Policy

U.S. Election Betting: CFTC, Kalshi Both Grilled by Judges in Appeals Court

The agency appealed a lower court's decision to let the firm offer prediction markets on which party will control each house of Congress. Crypto firms are watching the case.

Kalshi is trying to launch U.S. political prediction markets ahead of the 2024 election. (Pete Kiehart for The Washington Post via Getty Images)

Policy

U.S. CFTC Chair Behnam Says Regulator Will Keep Pursuing Kalshi Case

The U.S. derivatives regulator's legal battle with the prediction markets is currently winding its way through an appeals court.

CFTC Chair Rostin Behnam (Jesse Hamilton/CoinDesk)

Policy

'An Explosion of Election Gambling' Is Nigh, CFTC Warns Appeals Court

The regulator asked the court to extend the pause of Kalshi's political prediction markets for as long as the agency's appeal is pending.

LAS VEGAS, NEVADA - SEPTEMBER 13: Republican presidential nominee, former U.S. President Donald Trump, watches a video of Vice President Kamala Harris during a campaign rally at The Expo at World Market Center Las Vegas on September 13, 2024 in Las Vegas, Nevada. With 53 days before election day, Former President Trump continues to campaign.  (Photo by Justin Sullivan/Getty Images)

Policy

Even Temporarily Blocking Election Contracts Risks 'Irreparable' Harm, Kalshi Argues

Kalshi wants an appeals court to let it trade political prediction markets while the CFTC appeals its court loss.

Kalshi should be allowed to trade its political events contracts while the CFTC appeals its court loss, the company argued Friday. (Mike Stoll/Unsplash)

Pageof 5