kalshi.com · Market Analysis

Kalshi is a federally regulated financial exchange founded in 2018 that allows retail and…

Team
  • Tarek MansourFOUNDER
  • Luana Lopes LaraCOFOUNDER
Categories
Financial ServicesPrediction MarketsEvent ContractsBinary OptionsRisk HedgingSpeculation
Business Model
Marketplace (Exchange)
Funding
Total Raised$265M
Last RoundSeries C · $185M — 2025
Markets
United StatesGlobal

Players (10)

Polymarket logo

Polymarket

polymarket.com

A crypto-based prediction market platform allowing users to trade on the outcomes of real-world events across politics, culture, and global affairs.

Robinhood Prediction Markets logo

Robinhood Prediction Markets

robinhood.com

A major trading platform that now offers prediction markets on sports, politics, and economics, integrated with Kalshi’s infrastructure.

Crypto.com (Nadex) logo

Crypto.com (Nadex)

nadex.com

A platform offering sports-focused prediction contracts, accepting both crypto and fiat currencies.

Interactive Brokers – ForecastTrader logo

Interactive Brokers – ForecastTrader

interactivebrokers.com

A futures-style event contract platform for trading on politics, economics, and climate outcomes.

Ninja Traders (Tradovate partnership) logo

Ninja Traders (Tradovate partnership)

ninjatrader.com

Offers event contracts on daily market prices and commodities through a partnership with Tradovate.

Railbird Exchange logo

Railbird Exchange

www.railbirdexchange.com

A newly federally licensed prediction market exchange expected to launch in 2025.

Manifold logo

Manifold

manifold.markets

A crypto-based prediction market using its own currency ('mana') and sweepcash, focused on pop culture and politics.

PredictIt logo

PredictIt

predictit.org

A long-running, CFTC-exempt prediction market focused solely on political outcomes.

Iowa Electronic Markets (IEM) logo

Iowa Electronic Markets (IEM)

iemweb.biz.uiowa.edu

An educational futures market operated by the University of Iowa, specializing in political and financial event contracts.

TradeX logo

TradeX

tradex.com

A financial exchange platform specializing in event trading, allowing users to trade based on predictions of real-world outcomes.

Funding Rounds

Pre-seed2018
Accelerator2018
Angel2019
Peng Zhao
Series A · $30M2021
Series C · $185M2025