Kalshi has exceeded a $2 billion annualized revenue run rate as the prediction market operator has begun early discussions with investment banks about a potential initial public offering, according to a report from The Information. The Information, citing people familiarβ¦
Wealthsimple has secured approval to offer roughly 4,000 prediction market contracts in Canada, expanding retail access to event-based trading through a new partnership with Kalshi. According to Wealthsimple, the company plans to launch a standalone prediction markets platform called Wealthsimpleβ¦
Kalshi has fueled a billion-dollar dispute over sports betting regulation as trading activity on its platforms continues to surge. According to a report from Semafor, a coalition that includes the Indian Gaming Association, the American Gaming Association, and labor organizationsβ¦
Bernstein has reaffirmed its buy rating on Coinbase and maintained a $330 price target after the company unveiled a series of new products designed to extend its business beyond crypto trading. According to Bernstein, the latest announcements from Coinbaseβs Systemβ¦
Prediction market platform Kalshi has partnered with StarCompliance to give financial institutions real-time visibility into employee trading activity as it expands efforts to address insider trading concerns and attract institutional participants. According to a Barronβs report, employees at firms usingβ¦
The U.S. gaming industry has urged Congress to use crypto market structure legislation to block sports and casino-style prediction markets from operating under federal derivatives rules. According to a Semafor report published Tuesday, several gaming organizations sent a letter toβ¦
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