Kalshi

Kalshi operates as a CFTC-regulated event contracts exchange and represents the licensed, US-domiciled alternative to crypto-native prediction platforms like Polymarket. The coverage here tracks what matters: contract listings across elections, economic indicators, weather events, sports outcomes, and the categories Kalshi has fought to expand through court rulings against the CFTC, regulatory battles over which event contracts qualify under CFTC jurisdiction and which run into state gambling laws, partnership deals like the link-up with NYSE casino operators for US prediction markets and the broader push into mainstream financial venues, volume growth as the platform expands its product set and attracts both retail and institutional traders, the court precedent Kalshi has set in cases that shape what other event contract platforms can list, and the state-level lawsuits from places like New York that argue the contracts amount to unlicensed gambling. Kalshi’s regulatory posture is the defining feature. Where Polymarket operates outside US borders for US users, Kalshi fought through the CFTC approval process and now uses that license as a competitive moat. Coingo covers the listings, the legal cases, the partnership announcements, and the broader question of whether regulated event contracts ultimately replace crypto-native prediction markets in the US or coexist with them.