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Kalshi

Kalshi is a prediction market platform based in Manhattan, New York City. It launched in July 2021. People use it mainly to bet on sports, along with economic, political and legislative outcomes.

Co-founder and CEO

Founders

Tarek Mansour, Luana Lopes Lara

Founded

2018

Who it reaches

Individuals who bet on future outcomes, mostly sports, through the platform.

Key facts

Founded: 2018, in San Francisco, Californiasource
Based in: Manhattan, New York Citysource
Public launch: July 2021source
Regulatory license: CFTC license as a designated contract market, November 2020source
Valuation: $22 billion as of May 2026, following a TCV-led funding roundsource

WYDE coverage of Kalshi

$1 Million Clipping Fund for Creators Who End Hunger

Oct 3, 2026 · 7 min read

Kalshi Ends Its Trader Volume Rewards a Year Early as Wash Trading Scrutiny Grows

Sep 30, 2026 · 2 min read

House Oversight Expands Its Prediction Market Probe to Crypto.com, Hyperliquid, and PredictIt

Sep 30, 2026 · 2 min read

Sixth Circuit Rules States Can Regulate Kalshi's Sports Contracts, Widening a Circuit Split

Sep 28, 2026 · 2 min read

States Just Took On SNAP's Bill, Fraud Topped $900 Million in a Week, and Philanthropy Wrote $1.2 Billion in Checks. Over 71,800 Meals.

Sep 26, 2026 · 7 min read

Senate Banking Democrats Demand a Public Hearing on Prediction Markets as Republicans Meet Privately With Kalshi

Sep 23, 2026 · 2 min read

World Launches World Money, a Self-Custodial Stablecoin App Reaching More Than 150 Countries

Sep 18, 2026 · 2 min read

New York Sues Kalshi and Says Its Prediction Markets Are Illegal Gambling

Aug 2, 2026 · 3 min read

Global hunger fell to 645 million, lawmakers introduced an AI kill switch, and a judge approved Anthropic's $1.5 billion settlement. Over 60,000 meals.

Jul 25, 2026 · 7 min read

Kalshi and Polymarket Reach 27% of US Sports Betting on Record World Cup Trading

Jul 23, 2026 · 2 min read

Polymarket Files for a US License to Offer Margin Trading

Jul 11, 2026 · 2 min read

CME Sues the CFTC Over Its Approval of Kalshi Crypto Perpetual Futures

Jun 28, 2026 · 3 min read

Big Tech moved $1.5B into giving. A judge saved SNAP. Roubini went onchain. 58,300 meals.

Jun 27, 2026 · 6 min read

Kalshi Seeks $40 Billion Valuation, Widening Its Lead Over Polymarket

Jun 25, 2026 · 2 min read

Meta Builds Prediction Markets App Arena to Rival Polymarket and Kalshi

Jun 24, 2026 · 2 min read

Creator Economy

MrBeast Employee Fired After Insider Trading on Prediction Markets Tied to YouTube Videos

Mar 14, 2026 · 3 min read

$EAT Hits 7,449 Meals While Ethereum Crashes 37%. Here's Why We Keep Building.

Feb 6, 2026 · 5 min read

Sources

Track the institutions that move money.

Data-driven coverage every Friday.