Kalshi

Prediction markets Polymarket and Kalshi collectively processed over $150 billion in lifetime trading volume, with Kalshi setting a new monthly record in April.

The cumulative trading volume of Polymarket and Kalshi reaching $150 billion in April underscores the accelerating legitimization of prediction markets as a robust, alternative asset class attracting significant capital.

The CEO of regulated prediction market Kalshi expects federal agencies to target illicit activities within the burgeoning sector, signaling a new front in Washington's regulatory push.

Kalshi's intensifying lobbying push in Washington, D.C., seeks to unlock a regulated prediction market for sports outcomes, potentially redefining athlete valuations and league revenue streams across a multi-billion dollar vertical.