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KalshiRecognition

Kalshi raises $1B at $40B valuation as non-sports revenue run rate tops $1B

Source: Autobound Signal API · 49 signals tracked for Kalshi · updated

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What happened

The NBA named Kalshi a preferred prediction market exchange.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

Kalshi was valued at $22 billion in May, when it completed a $1 billion Series F funding round led by Coatue Management. At the time, the company reported an annualized revenue run rate exceeding $1.5 billion. Kalshi recorded approximately $15.8 billion in trading volume over the past 30 days, according to DefiLlama data. Kalshi has continued to expand its partnerships despite mounting legal challenges across the US. On Monday, the NBA named Kalshi and Polymarket preferred prediction market exchanges, while S&P Dow Jones Indices partnered with Kalshi to bring its financial benchmarks to event contracts. The agreements come amid a legal dispute over whether Kalshi's sports contracts are subject to state gambling laws or federal derivatives regulation. Utah sued the company last week, prompting a separate lawsuit from the US Commodity Futures Trading Commission (CFTC) on Tuesday seeking to block state enforcement. On Wednesday, Utah escalated the dispute by filing criminal charges against Kalshi and its co-founders, according to a Reuters' report.

cryptonews.net/news/finance/33672246Read the full source

Extracted by Autobound

From the Signal API record
Event
Recognition

What this signalsAnalyst or press recognition often comes during a period of growth.

Recognition
preferred prediction market exchange by the NBA
Takes effect
Oct 26, 2026

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The full record

From the Signal API record

Extraction

Confidence
90%
Detected
Oct 29, 2026
signal_type
news
signal_subtype
recognized_as

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/d2335f63-a293-8834-10ed-a21620f6937c returns this record as JSON. POST /v1/companies/enrich returns every signal for kalshi.com.

{
  "signal_id": "d2335f63-a293-8834-10ed-a21620f6937c",
  "signal_type": "news",
  "signal_subtype": "recognized_as",
  "detected_at": "2026-10-29T21:39:38+00:00",
  "company": {
    "name": "Kalshi",
    "domain": "kalshi.com"
  },
  "data": {
    "url": "https://cryptonews.net/news/finance/33672246/",
    "title": "Kalshi raises $1B at $40B valuation as non-sports revenue run rate tops $1B - Cryptonews.net",
    "excerpt": "Kalshi was valued at $22 billion in May, when it completed a $1 billion Series F funding round led by Coatue Management. At the time, the company reported an annualized revenue run rate exceeding $1.5 billion. Kalshi recorded approximately $15.8 billion in trading volume over the past 30 days, according to DefiLlama data. Kalshi has continued to expand its partnerships despite mounting legal challenges across the US. On Monday, the NBA named Kalshi and Polymarket preferred prediction market exchanges, while S&P Dow Jones Indices partnered with Kalshi to bring its financial benchmarks to event contracts. The agreements come amid a legal dispute over whether Kalshi’s sports contracts are subject to state gambling laws or federal derivatives regulation. Utah sued the company last week, prompting a separate lawsuit from the US Commodity Futures Trading Commission (CFTC) on Tuesday seeking to block state enforcement. On Wednesday, Utah escalated the dispute by filing criminal charges against Kalshi and its co-founders, according to a Reuters’ report.",
    "summary": "The NBA named Kalshi a preferred prediction market exchange.",
    "planning": false,
    "image_url": "https://cnews24.ru/uploads/d0f/d0f12c25355432895ad2855831713c47217c8741.jpg",
    "confidence": 0.9,
    "recognition": "preferred prediction market exchange by the NBA",
    "published_at": "2026-10-29T21:39:38Z",
    "effective_date": "2026-10-26",
    "article_sentence": "On Monday, the NBA named Kalshi and Polymarket preferred prediction market exchanges, while S&P Dow Jones Indices partnered with Kalshi to bring its financial benchmarks to event contracts."
  }
}

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