Kalshi Archives

A bipartisan Senate proposal aims to block sports event contracts on prediction market platforms, as lawmakers move to set clearer limits on CFTC-regulated exchanges and their overlap with traditional betting markets.

Regulation & Policy

New Bipartisan Senate Bill Targets Sports Prediction Markets

The Prediction Markets Are Gambling Act would ban sports event contracts on CFTC-regulated platforms, highlighting growing scrutiny as lawmakers move to set clearer boundaries for...

Mike Breen

March 23, 2026

A growing wave of exchange filings and acquisitions is transforming the infrastructure behind regulated prediction markets

Industry

Prediction Market Land Grab: DCMs, FCMs, and the Race to Control the Stack

A surge of exchange filings and acquisitions is fueling competition among trading platforms seeking to control the infrastructure powering U.S. prediction markets. We break down the key...

Mike Breen

March 23, 2026

Industry

Kalshi Forced Out of Nevada But April 3 Hearing Offers a Way Back In

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...

Valerie Cross

March 22, 2026

Kalshi’s valuation has surged from $2 billion to $22 billion in nine months as trading volumes, institutional demand, and sports-driven activity accelerate growth across prediction markets

Industry

Kalshi Rockets From $2B to $22B Valuation in 9 Months Amid Prediction Market Boom

Kalshi has reportedly raised more than $1 billion at a $22 billion valuation in a round led by led by Coatue Management as record trading volumes, institutional demand, and sports markets...

Mike Breen

March 20, 2026

General

Kalshi $1 Billion Perfect March Madness Bracket Deadline Nears

Kalshi is offering $1 billion for a perfect March Madness bracket or $1 million to the best bracket, and another $1 million to two nonprofits. Use code DEFI during registration and submit...

Pat Evans

March 19, 2026

Crypto

Phantom No-Action Letter Could Unlock New Crypto Access Layer for Prediction Markets

The CFTC’s no-action letter for Phantom signals a more flexible approach to crypto interfaces, a former agency lawyer tells DeFi Rate, with implications for how users access derivatives...

Iliana Mavrou

March 18, 2026

Industry

Inside New CFTC Prediction Market Guidance: Milbank Attorneys Weigh In

Milbank, the law firm defending Kalshi in ongoing court battles, offered a behind-the-scenes look at recent CFTC prediction market guidance and what it means for...

Pat Evans

March 17, 2026

Industry

Arizona AG Files Criminal Charges Against Kalshi in Escalating State Battle

Arizona AG Kris Mayes hit the prediction market platform with a 20-count criminal information in Maricopa County, the most aggressive state enforcement action against Kalshi to...

Valerie Cross

March 17, 2026

Prediction markets tied to the 2026 Oscars generated more than $200 million in trading across Kalshi and Polymarket.

Data

Kalshi and Polymarket Generate Over $200M on Oscars, Calling 19 of 24 Winners

Prediction markets correctly call 19 of 24 Oscar category winners as the role of market-based forecasts expands in awards...

Mike Breen

March 16, 2026

Data

Kalshi Posts Record $2.9B Week on NCAA Basketball Tournaments as Polymarket Dips

Kalshi posted a new volume record for the week of March 9-15, surging to $2.9B on the back of NCAAB conference tournaments. Meanwhile, Polymarket dipped 6% ahead of the March fed...

Valerie Cross

March 16, 2026

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