Driven by events like the World Cup, Kalshi, a predictive market platform, is expected to exceed $2 billion in annual revenue.

According to informed sources familiar with the financial situation of the Kalshi prediction market platform, it has been revealed that the annual revenue of Kalshi has exceeded 2 billion dollars, doubling in size compared to November of last year, driven by increased trading volume from traders betting on NBA games and World Cup events. Kalshi's business is rapidly expanding, and the company's executives have had informal discussions with multiple investment banks regarding a potential IPO in the future. One source mentioned that the eight-year-old startup has proposed that investment banks interested in providing IPO advisory services need to integrate their systems with the Kalshi platform so that their institutional clients can trade on the platform. The negotiations are still in the early stages, and the company may potentially go public by the end of next year or even in 2028.