As Kalshi’s trading volume surpasses Polymarket’s, it will now offer prediction market access to Phantom’s 15 million users on Solana.

A source told CNBC that Coinbase will soon unveil prediction markets, powered by Kalshi, underscoring the firm's push to fulfill its "everything exchange" vision.

A federal judge has granted prediction market company Kalshi temporary protection in Connecticut while its case against the state advances.

On Kalshi, anyone who bet on any of the “Architects of AI”—including Sam Altman, Elon Musk, Jensen Huang, Dario Amodei, Mark Zuckerberg, Lisa Su, and Demis Hassabis—still won the bet. Those who bet their products, however, did not.

The Kalshi promo code NEWSWEEK scores a $10 sign up bonus for NBA Cup, Army-Navy and NFL Week 15 predictions.

Prediction market Kalshi entered into a deal with CNN last week that includes running its content on the news channel during broadcasts.

By Nate Raymond BOSTON, Dec 9 (Reuters) - A Massachusetts judge on Tuesday questioned whether prediction-markets operator Kalshi could legally offer the state's residents the ability to place financial bets on something as "trivial" as who wins sporting events without running afoul of gaming regulators.

The fund-raising effort, the company’s third this year, values it at $11 billion, and comes amid stiff competition in the increasingly popular industry.

The trading exchange platform offers contracts on the December 19 boxing match with heavyweight champion Joshua heavily favored over the 12-1 social media star.