Kalshi
New York, United StatesKalshi has defined a new category: prediction markets. Kalshi allows people to trade on the outcome of any events, turning any question about the future into a financial asset. It legalized prediction markets in the US for the first time and runs thousands of markets across politics, economics, financials, weather, tech, AI, and culture.
Corporate
TradFi & Fintech
Founded 2020
Private, $22B valuation (TCV-led round, 2026)
Products & Services
- Event Contracts: CFTC-regulated prediction contracts on economic and political outcomes
- Crypto Markets: Expanding product offering for cryptocurrency price prediction markets
- Market Making: Institutional liquidity program for digital event contracts
Tech stack
DeFi, Smart Contracts, Prediction Markets
Markets
Kalshi is the first CFTC-approved event contract exchange in the US, giving it a regulatory moat in a growing market. It competes with Polymarket (offshore, crypto-native) and expanding offerings from traditional exchanges.
Blockchain, Metaverse, Cityverse, Ethereum, L2, Crypto, Bitcoin, Stable Coins, Gaming, NFT, Solidity, UX, Design, Cardano, Kusama, Tezos, Solana, Polkadot, Polygon, Token, Tokenization, DAO, DeFi, AI, Wallet, AR