Overview
- CNBC announced a multi-year deal to display Kalshi’s real-time event probabilities across its channel, website and app beginning in 2026, including segments on “Squawk Box” and “Fast Money,” a branded ticker, and a CNBC page on Kalshi’s platform.
- The agreement follows a similar integration unveiled by CNN earlier in the week, signaling rapid newsroom adoption of prediction-market data.
- Kalshi said it raised $1 billion at an $11 billion valuation, bolstering its expansion as it pushes prediction data into mainstream financial coverage.
- A U.S. District Court judge in Nevada ruled Kalshi is not licensed to conduct gaming and Connecticut issued a cease-and-desist, while the company argues it is a federally regulated exchange and has appealed and filed suit.
- The platform reports more than $1 billion in weekly trading and about $4.54 billion in November volume, reflecting steep growth over 2024 levels.