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[ENTITY FILE] SUBJECT-7991 COMPANY ACTIVE
KA
// Subject

Kalshi‍‍‍‍‌‌‍‌‌​‌​​‍​​​‌‍​‌​​

CFTC-registered prediction market platform
Tracked CFTC-registered prediction market platform · 2 documented connections
Facts on record4
Connections mapped2
Sources cited3
View on Graph → Export CSV ← Entity Directory
Stated vs Revealed
No documented contradictions on file.
PATTERN company → [competitor] → company 3×
Connection Map
Key Connections
→ Entity #7992
competitor
Kalshi is Polymarket's primary competitor in the prediction market space. Notably, Donald Trump Jr. also serves as a PAID advisor to Kalshi, creating a unique conflict where he advises both the largest prediction markets simultaneously. Polymarket has lobbied alongside Kalshi against state-level gaming regulations.
Facts (4)
Data Freshness
Fresh Last update: 14d ago · Avg age: 65d
Confidence Tiers: Primary Source — cross-referenced government/corporate filings Pending Review — sourced but not independently verified AI Inference — analytical hypothesis from cross-referencing
Raw Filing Records (4) — unsourced metadata
Pending Review Kalshi reported opening 200 investigations into insider trading in pr‍‍‍‍‌‌‍‌‌​‌​​‍​​​‌‍​‌​​ediction markets in past year, resulting in account freezes and fines
Date: 2026-02-01 Added: 23 Apr 2026
Pending Review Kalshi opened 200 investigations into insider trading in pas‍‍‍‍‌‌‍‌‌​‌​​‍​​​‌‍​‌​​t year, resulting in account freezes, trader bans, and fines
Date: 2026-01-01 Added: 16 Apr 2026
Pending Review Kalshi achieved $11 billion valuation while Pol‍‍‍‍‌‌‍‌‌​‌​​‍​​​‌‍​‌​​ymarket reached $9 billion valuation as of 2026
Date: 2026-01-01 Added: 16 Apr 2026
Pending Review Prediction markets handled more than $40 billion in bets in 2025, quadrupling market size to $63.5 billion valuation
Date: 2025-12-31 Added: 16 Apr 2026
All Connections (2)
→ Entity #391
regulatory likely
CFTC-registered prediction market platform subject to potential SEC jurisdiction for securities-based contracts
→ Entity #7992
competitor primary
Kalshi is Polymarket's primary competitor in the prediction market space. Notably, Donald Trump Jr. also serves as a PAID advisor to Kalshi, creating a unique conflict where he advises both the largest prediction markets simultaneously. Polymarket has lobbied alongside Kalshi against state-level gaming regulations.
Sources (3)
2026-01-01 ↗ Platform enforcement data web_search Processed
2026-01-01 ↗ Financial reporting web_search Processed
2025-12-31 ↗ Industry analysis and news reports web_search Processed