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Kalshi explores IPO plans after revenue and trading volume surge past $2B and $178B respectively.

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22 Jun 2026
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Bullish
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Kalshi, a US-regulated prediction market platform, is in early talks with investment banks about a potential IPO, though any public listing is likely more than a year away, possibly in late 2027 or 2028. The company has seen rapid growth, with annualized revenue surpassing $2 billion and trading volume reaching around $178 billion after tripling in six months. Founded in 2018, Kalshi allows users to trade contracts based on real-world events and recently raised $1 billion at a $22 billion valuation. This IPO consideration reflects its expanding business and investor interest.

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