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KalshiKALSHI

Kalshi launched Blanket, an AI tool on August 7, 2026, to help small businesses hedge risks on prediction markets, aiming to democratize risk management.

Knowledge quality 45/100Profile updated
In brief

Kalshi is a company known for operating prediction markets. It recently faced legal challenges when New York sued to prevent it from offering sports-related prediction markets within the state. However, on August 11, 2026, the CFTC intervened, issuing an order for Kalshi to continue its operations in New York despite the ongoing state lawsuit.

Overview

Kalshi is a company known for operating prediction markets. It recently faced legal challenges when New York sued to prevent it from offering sports-related prediction markets within the state. However, on August 11, 2026, the CFTC intervened, issuing an order for Kalshi to continue its operations in New York despite the ongoing state lawsuit.

Recent developments

On August 11, 2026, the CFTC ordered Kalshi to continue offering prediction markets in New York. This order followed a lawsuit filed by New York last month, which sought to block Kalshi from operating sports-related prediction markets.

Historical context

The recent news coverage from August 11, 2026, directly aligns with the recorded timeline entries for the same date, both indicating CFTC enforcement actions to keep Kalshi operating amid a New York lawsuit.

History

Kalshi adopted Nasdaq-inspired surveillance systems on August 10, 2026, with the aim of attracting institutional traders.

Technology

Kalshi's Blanket is an AI tool that assists small businesses in hedging risks on prediction markets.

Risk factors

Kalshi faces legal and regulatory challenges, as evidenced by a lawsuit from New York attempting to block its operation of sports-related prediction markets.

Outlook

How will the lawsuit from New York progress? What will be the long-term impact of the CFTC's order on Kalshi's operations in New York?

Latest coverage

20 stories
Goverment Shutdown 2026 Odds Fall as Markets Split the October 1 Risk

Government shutdown odds fell on Kalshi while Polymarket showed a split picture, offering crypto traders a dated read on fiscal risk. The post Goverment Shutdown 2026 Odds Fall as Markets Split the October 1 Risk appeared first on Cryptonews .

Markets ·
XRP More Likely to Hit $1.70 This August as 58% Rally Shifts Sentiment on Kalshi

XRP traders on Kalshi are heavily betting on a further upside move to $1.70 this month after it rallied by nearly 60% over the last week.

Altcoins ·
Kalshi off-limits in multiple states as prediction markets, CFTC team up for battle

Washington state is cut off for Kalshi customers while the company combats the development in court and its federal regulator keeps pursuing new rules.

Regulation ·
Kalshi’s Crypto Perpetual Futures Reach $17.98 Million Open Interest

Kalshi’s crypto perpetual futures hit $17.98 million in daily open interest, highlighting regulated leverage and risks distinct from prediction markets. The post Kalshi’s Crypto Perpetual Futures Reach $17.98 Million Open Interest appeared first on Cryptonews .

Markets ·
CME’s Duffy Clashes With Kalshi and the CFTC Chair Over Prediction Market Manipulation

A CFTC advisory meeting broke into open insults as CME's Terrence Duffy accused prediction markets of manipulation risk and Kalshi's Luana Lopes Lara turned the question back on him. The post CME’s Duffy Clashes With Kalshi and the CFTC Chair Over Prediction Market Manipulation appeared first on Unchained .

Regulation ·
CME CEO Terrence Duffy trades barbs with CFTC’s Selig and Kalshi’s COO over prediction market oversight

A CFTC ommittee meeting exposed a sharp divide between the worlds of traditional finance and prediction market platforms.

Regulation ·
More reporting
Tensions Flare as CME, Kalshi Execs Clash Over Prediction Markets in DC
Regulation ·
Kalshi releases largest study on prediction markets’ reliability
Markets ·
Kalshi Government Shutdown Odds in October Slashed
Markets ·
Cantor Fitzgerald Opens Institutional Block Trading in Kalshi Event Contracts
Regulation ·
Kalshi Files for Perpetual Futures on US Stocks and Copper, Its First on Equities
Regulation ·
Cantor Fitzgerald offers Wall Street access to Kalshi’s prediction markets
Markets ·
Cantor opens Kalshi prediction markets to thousands of institutional clients
Regulation ·
Kalshi Brings Crypto’s Perpetual Futures Model to Stocks With CFTC Filing
Defi ·
South Korea Bans Polymarket, Citing Its Winner-Take
Regulation ·
Search Interest in Prediction Markets Falls 83% From Its World Cup Peak as Kalshi Pulls Away
Markets ·
Prediction Markets Give the Fed 74% Odds of Standing Pat in September
Markets ·
Kalshi ordered to stop broad range of prediction markets in Washington
Markets ·
DoubleZero up 20% after Kalshi partnership – Can 2Z clear more resistances?
Markets ·
Kalshi in talks with Sequoia, Wellington for $750 million fund raise at $40 billion valuation
Regulation ·

Timeline

71 recorded events
  1. 24 Aug 2026Development
    Goverment Shutdown 2026 Odds Fall as Markets Split the October 1 Risk

    Government shutdown odds fell on Kalshi while Polymarket showed a split picture, offering crypto traders a dated read on fiscal risk. The post Goverment Shutdown 2026 Odds Fall as Markets Split the October 1 Risk appeared first on Cryptonews .

  2. 22 Aug 2026Development
    XRP More Likely to Hit $1.70 This August as 58% Rally Shifts Sentiment on Kalshi

    XRP traders on Kalshi are heavily betting on a further upside move to $1.70 this month after it rallied by nearly 60% over the last week.

  3. 22 Aug 2026Development
    Kalshi off-limits in multiple states as prediction markets, CFTC team up for battle

    Washington state is cut off for Kalshi customers while the company combats the development in court and its federal regulator keeps pursuing new rules.

  4. 22 Aug 2026Enforcement
    Kalshi off-limits in multiple states as prediction markets, CFTC team up for battle

    Washington state is cut off for Kalshi customers while the company combats the development in court and its federal regulator keeps pursuing new rules.

  5. 21 Aug 2026Development
    CME’s Duffy Clashes With Kalshi and the CFTC Chair Over Prediction Market Manipulation

    A CFTC advisory meeting broke into open insults as CME's Terrence Duffy accused prediction markets of manipulation risk and Kalshi's Luana Lopes Lara turned the question back on him. The post CME’s Duffy Clashes With Kalshi and the CFTC Chair Over Prediction Market Manipulation appeared first on Unchained .

  6. 21 Aug 2026Development
    Kalshi’s Crypto Perpetual Futures Reach $17.98 Million Open Interest

    Kalshi’s crypto perpetual futures hit $17.98 million in daily open interest, highlighting regulated leverage and risks distinct from prediction markets. The post Kalshi’s Crypto Perpetual Futures Reach $17.98 Million Open Interest appeared first on Cryptonews .

  7. 21 Aug 2026Regulation
    Kalshi’s Crypto Perpetual Futures Reach $17.98 Million Open Interest

    Kalshi’s crypto perpetual futures hit $17.98 million in daily open interest, highlighting regulated leverage and risks distinct from prediction markets. The post Kalshi’s Crypto Perpetual Futures Reach $17.98 Million Open Interest appeared first on Cryptonews .

  8. 20 Aug 2026Leadership Change
    CME CEO Terrence Duffy trades barbs with CFTC’s Selig and Kalshi’s COO over prediction market oversight

    A CFTC ommittee meeting exposed a sharp divide between the worlds of traditional finance and prediction market platforms.

Quick facts

2 fields
Type
Company
Ticker
KALSHI

Frequently asked

What kind of markets does Kalshi operate?
Kalshi operates prediction markets, including sports-related prediction markets.
Why was Kalshi in the news recently?
Kalshi was in the news because New York sued the company to block its sports-related prediction markets, and the CFTC then ordered Kalshi to continue operating in New York.
When did the CFTC issue an order regarding Kalshi?
The CFTC issued an order regarding Kalshi on August 11, 2026.