WYDE
    Impact startupFinancial inclusionStage unknown

    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

    Leadership

    Tarek Mansour, Co-founder and CEO. Tarek Mansour is the co-founder and CEO of Kalshi, an online prediction market.

    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

    WYDE Newsroom has published 21 articles about Kalshi, from Feb 6, 2026 to Nov 6, 2026. Kalshi is the subject of 21 stories. The most recent is Kalshi and Its Founders Face 14 Criminal Counts in Utah, 13 of Them Felonies, Before a Dec. 4 Hearing.

    Crypto & DeFi

    Kalshi and Its Founders Face 14 Criminal Counts in Utah, 13 of Them Felonies, Before a Dec. 4 Hearing

    Utah filed the charges Oct. 28 and summoned Kalshi to Salt Lake City's Third District Court for Dec. 4. WYDE confirmed six states that have sued or criminally charged Kalshi, not the 12 claimed in a post on X.

    Nov 6, 2026 · 4 min read · Subject of the story

    Crypto & DeFi

    Kalshi Says Midterm Favorites Won 479 of 487 Races as Nate Silver Says Models Got There First

    Kalshi's 98% tally counts races resolved by 6 a.m. ET on Nov. 4, including 94 state offices. Its favorites lost eight, and DeFi Rate counted misses in South Carolina's Senate race and two Texas statewide races.

    Nov 6, 2026 · 4 min read · Subject of the story

    Crypto & DeFi

    CFTC Clears Equity Perpetual Futures: Kalshi Filed for Up to 58 Contracts, and a Cboe-Backed Group Sues

    CFTC Chairman Mike Selig said on Nov. 3 that perpetual futures on individual stocks can trade on U.S. exchanges registered with both the CFTC and the SEC. A group whose members include Cboe and Citadel Securities sued the same day.

    Nov 4, 2026 · 4 min read · Subject of the story

    Crypto & DeFi

    Crypto Braces for Midterms as Kalshi Gives Democrats 90% Odds in the House and 64% in the Senate

    A Democratic Senate would make Elizabeth Warren chair of the Banking Committee, and analysts expect the stalled Clarity Act to stay stuck. The crypto industry has spent $176 million on more than 100 races.

    Oct 30, 2026 · 4 min read · Subject of the story

    WYDE Weekly

    $1 Million Clipping Fund for Creators Who End Hunger

    WYDE Weekly: a new $1 million clipping fund pays creators to end hunger, plus Ken Griffin's record $3 billion gift, three record health-system donations, and the regulators chasing crypto.

    Oct 3, 2026 · 7 min read · Subject of the story

    Crypto & DeFi

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

    Kalshi will close its Volume Incentive Program on October 13, 2026, nearly a year early, after an analyst flagged more than $5 billion in repetitive ether trades and the Wall Street Journal reported the CFTC is weighing a wash trading investigation.

    Sep 30, 2026 · 2 min read · Subject of the story

    Crypto & DeFi

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

    House Oversight Chairman James Comer sent records requests to Crypto.com, Hyperliquid, and PredictIt over identity verification and suspicious prediction market trading on nonpublic information.

    Sep 30, 2026 · 2 min read · Subject of the story

    Legal

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

    The Sixth Circuit held Kalshi's sports event contracts are not swaps under the Commodity Exchange Act, letting Ohio and Tennessee enforce gambling laws and deepening a circuit split headed toward the Supreme Court.

    Sep 28, 2026 · 2 min read · Subject of the story

    WYDE Weekly

    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.

    WYDE Weekly: the SNAP cost shift hits states October 1, Fast Lab's $500 million COVID fraud plea, Bitget's $387.5 million hack, the Fed's first stablecoin rules, and Phil and Penny Knight's $1 billion gift to Oregon.

    Sep 26, 2026 · 7 min read · Subject of the story

    Legal

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

    Every Democrat on the Senate Banking Committee asked Chair Tim Scott for a public prediction markets hearing on September 23, the same day committee Republicans met privately with Kalshi CEO Tarek Mansour.

    Sep 23, 2026 · 2 min read · Subject of the story

    Crypto & DeFi

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

    The super app from Sam Altman and Alex Blania's Tools for Humanity lets users hold stablecoins in eight currencies, fund from Apple Pay through Stripe, and connects to Kalshi and Morpho, with World ID verification built in.

    Sep 18, 2026 · 2 min read · Subject of the story

    Legal

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

    Governor Kathy Hochul and Attorney General Letitia James filed suit against KalshiEX on July 31, asking a state court to shut the platform down, force it to forfeit its gains, and pay fines equal to three times what it made in New York.

    Aug 2, 2026 · 3 min read · Subject of the story

    WYDE Weekly

    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.

    WYDE Weekly: the UN's third straight drop in global hunger to 645 million, the AI Kill Switch and FRONTIER oversight bills, a judge's approval of Anthropic's $1.5 billion settlement, a record 55,362 schools serving free meals, and a GAO finding of up to $521 billion in yearly federal fraud.

    Jul 25, 2026 · 7 min read · Subject of the story

    Crypto & DeFi

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

    Prediction markets Kalshi and Polymarket reached about 27% of US legal sports betting during the 2026 World Cup, with the Argentina-Spain final contract topping $1.27 billion, the biggest event market in their history, as the CFTC-regulated exchanges pulled users from DraftKings and FanDuel.

    Jul 23, 2026 · 2 min read · Subject of the story

    Crypto & DeFi

    Polymarket Files for a US License to Offer Margin Trading

    Polymarket's US affiliate applied for a futures commission merchant license with the National Futures Association, a step toward margin trading on prediction markets as volumes race toward $240 billion this year.

    Jul 11, 2026 · 2 min read · Subject of the story

    Crypto & DeFi

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

    The Chicago Mercantile Exchange sued the CFTC and chairman Michael Selig on June 18 over the regulator's approval of Kalshi crypto perpetual futures, a fight over whether perpetual contracts are futures or swaps under the Dodd-Frank Act.

    Jun 28, 2026 · 3 min read · Subject of the story

    WYDE Weekly

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

    WYDE Weekly: Intercept's $500M fund, Evan Spiegel's $550M medical-debt erase, the US $800M WFP pledge, Project Pangea, and the EAT Card beta.

    Jun 27, 2026 · 6 min read · Subject of the story

    Crypto & DeFi

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

    Prediction market operator Kalshi is seeking new funding at about a $40 billion valuation, nearly double its last round, a deal that would widen its lead over rival Polymarket as institutional money pours into regulated prediction markets.

    Jun 25, 2026 · 2 min read · Subject of the story

    Crypto & DeFi

    Meta Builds Prediction Markets App Arena to Rival Polymarket and Kalshi

    Mark Zuckerberg directed Meta to build a standalone prediction markets app called Arena to rival Polymarket and Kalshi, starting points-based with no real-money betting yet.

    Jun 24, 2026 · 2 min read · Subject of the story

    Creator Economy

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

    Beast Industries fires video editor after Kalshi catches insider trading on MrBeast video prediction markets, CFTC Chairman personally flags the case.

    Mar 14, 2026 · 3 min read · Subject of the story

    WYDE Weekly

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

    Coinbase Blue Carpet. $400K round closed. Kraken listing. AI agents. And a market that proves why cause coins need to exist.

    Feb 6, 2026 · 5 min read · Subject of the story

    Reported alongside Kalshi

    Sources

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    Data-driven coverage, every week.