Kalshi Announces Independent Surveillance Audit Committee, Partnerships with Director of Wharton Forensic Analytics Lab and Solidus Labs, and new Head of Enforcement
Prediction market platform Kalshi today announced a major expansion of its market surveillance and enforcement framework. The company has formed an independent surveillance advisory committee and new trading surveillance partnerships with Solidus Labs and the Director of the Wharton Forensic Analytics Lab, Daniel Taylor. These initiatives further strengthen Kalshi’s market surveillance and compliance programs, solidifying its position as the leading federally regulated prediction market.
Kalshi Opens DC Office, Hires John Bivona as Head of Government Relations
US federally regulated exchange Kalshi today announced the opening of a new office in DC and the hiring of John Bivona as its first Head of Federal Government Relations. The company is expanding its government relations efforts to promote responsible innovation in financial markets.
Phantom and Kalshi Bring Prediction Markets to the World’s Leading Crypto Wallet
Phantom, a leading crypto wallet trusted by more than 20 million users, and Kalshi, the world’s largest prediction market, today introduced a new way to trade what’s trending. With Phantom Prediction Markets, users can tap into the moments shaping politics, crypto, sports, and culture, discovering markets and watching odds move in real time, all from inside the wallet they already use. Opening a position is as simple as swapping a token.
Kalshi Reaches $11 Billion Valuation as App Takes over America
Kalshi today announced a Series E funding round of $1 billion at an $11B valuation. The round was led by Paradigm, with participation from Sequoia, Andreessen Horowitz, Meritech Capital, IVP, ARK Invest, Anthos Capital, CapitalG, and Y Combinator.
