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Kalshi considers IPO as $2B annualized revenue, $22B valuation fuels optimism
Jun 19, 2026
< 1 min read
by Hannah Collymore
for CryptoPolitan
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AI Overview
Prediction market operator Kalshi has begun informal talks with investment banks about a potential IPO as its annualized revenue has topped $2 billion, roughly three times its November 2025 level. The IPO chatter signals potential fundraising and broader adoption for crypto-linked prediction markets and could be positive for market sentiment across DeFi, DEX/CEX products and token-related services if a listing proceeds.
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Prediction market operator Kalshi has reportedly begun informal discussions with investment banks about a potential initial public offering (IPO). It comes at a unique time for the company whose annualized revenue has crossed $2 billion, which is roughly three times where it stood in November 2025. What are the possible timelines for Kalshi’s listing? The...
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Predictions Markets
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