Kalshi Seeks $40B Valuation Seven Weeks After $22B Raise

The ruling highlights the complex interplay between federal and state regulations, potentially complicating operations for prediction markets. The post Michigan judge blocks Kalshi from allowing sports betting in the state appeared first on Crypto Briefing.

Phantom has switched new prediction market positions from Kalshi powered infrastructure to World, adding automatic settlement on Solana. The post Phantom taps World to replace Kalshi for prediction markets appeared first on Crypto Briefing.

DraftKings has launched DKeX, a proprietary prediction markets exchange, reporting $3.4 billion in annualized consumer volume as it enters a field increasingly crowded by Kalshi, Polymarket, Meta Arena, and Robinhood.

Bernstein says platforms are bringing exchange, clearing and brokerage infrastructure in-house, setting up potential deals while increasing antitrust and regulatory risks.

Prediction market traders are pricing some of the most bearish bitcoin outlooks of 2026, with more than $75 million in combined volume flowing into Polymarket and Kalshi contracts that see a $50,000 floor before a $100,000 ceiling. Bearish Consensus Builds Across Platforms The largest signal comes from Kalshi, where a market asking “Will BTC hit […]

US Regulators Approve Kalshi to Launch CFTC-Regulated Perpetual Futures Anchored by Bitcoin: a fresh look at Kalshi Bitcoin perpetual futures, market conte

Kalshi eyes a $40 billion valuation — nearly double its May 2026 Series F price — but unresolved state lawsuits threaten its core prediction market revenue. The post World Cup Stirs $40Bn Valuation Hunt for Kalshi: Are Prediction Market Valuations Real? appeared first on 99Bitcoins.

Kalshi has secured World Cup branding exposure through a strategic partnership with ADI Predictstreet, FIFA’s official prediction market partner for the 2026 tournament. According to Kalshi, the agreement will place the company’s branding alongside ADI Predictstreet across stadium, television, and…