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1 source · updated 16h ago

Valuation of prediction platform Kalshi reaches $30.4 billion

First reported by “ForkLog”

Analysts have valued the prediction markets platform Kalshi at $30.4 billion, considering legal risks. In a pessimistic scenario, the valuation could drop to $22 billion due to potential legal issues related to sports contracts deemed illegal in some US states.

  • Kalshi valuation: $30.4 billion
  • Pessimistic scenario: $22 billion
  • 82% of revenue from sports contracts
  • Legal risks in New Jersey and Nevada
  • US Supreme Court may rule this fall

1 source1/7 blocsnot represented: public, commentators, oligarch-owned, state, official, anonymous

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