Developer of an online financial platform designed to facilitate trading based on event outcomes.

LBX25 MemberMost ActiveMost Valuable
LBX PPS
1Y return
$599
Implied Valuation
$20.5B
-6.6% premium
Last Round
Mar 2026
Later Stage VC
Later Stage VC · $22.0B
Activity
17.4
#23 most active

Price per share

12M · USD

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Funding history

$M raised · $B post-money

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Signals

8 latest

Kalshi released a pricing tool that estimates the future price of renting different kinds of AI chips

Kalshi launched compute forward curves, a new pricing benchmark that shows the implied future price of renting GPU capacity, live now for Nvidia B200, H200, and A100 chips.

Source: Kalshi

Kalshi hit $3.5B in annualized revenue in June 2026

Sacra estimates Kalshi hit $3.5B in annualized revenue in June 2026, up from $735M in 2025.

Source: Sacra

Donald Trump Jr. Set for Kalshi Windfall After Receiving Platform Stake

Donald Trump Jr. is positioned for a significant financial windfall after Kalshi granted him a stake in the prediction market platform, raising questions about the relationship between the company and political figures.

Source: Financial Times

Kalshi Introduces Workplace Disclosure Rule and Security Measures to Combat Insider Trading

Kalshi is rolling out new security measures including a workplace disclosure rule aimed at combating insider trading on its platform, following scrutiny over suspicious trading activity by public figures.

Source: ABC News - Breaking News, Latest News and Videos

Kalshi 'Perps' Trading Volume Crosses $1 Billion Within a Week of Launch

Kalshi's new perpetual contracts ('perps') product surpassed $1 billion in trading volume within just one week of launch, marking a significant milestone for the platform's product expansion.

Source: CNBC

Kalshi Targets Wall Street Clients as Platform Expands Beyond Retail Traders

Kalshi is shifting its focus toward institutional and Wall Street clients after building its user base through individual retail traders, signaling a new phase in the platform's growth strategy.

Source: CNBC

Kalshi won approval from U.S. regulators to offer crypto trading through bitcoin perpetuals

Prediction market Kalshi won approval from U.S. regulators to offer crypto trading through bitcoin perpetuals, a type of highly-leveraged derivatives product, confirming an April report by The Information.

Source: TheInformation

Kalshi Launches Political Power Index

Kalshi has launched a new index designed to measure and track shifts in political power between Republicans and Democrats, expanding its suite of political forecasting tools.

Source: Axios

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