Prediction Market Kalshi Eyes IPO As Revenue Hits $2 Billion
Kalshi, the prediction markets platform that has become the dominant force in U.S. event contracts, is in informal talks with investment banks about a potential initial public offering, The Information reported Thursday, citing sources familiar with the company’s financials. The disclosure caps a period of rapid transformation for the four-year-old company. Kalshi’s annualized revenue has...
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