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Kalshi
CFTC-regulated prediction market exchange, the first federally regulated event contract marketplace in the US.
Prediction MarketactivePlatform
- CFTC-regulated prediction market exchange, the first federally regulated event contract marketplace in the US.
Last verified: Feb 25, 2026
Key Facts
Classification
Stack RolesMarket Venue
Geographyglobal
Product
Market TypesEvent Markets
Summary
Kalshi is the first CFTC-regulated event contract exchange in the United States, founded in 2018 by Tarek Mansour and Luana Lopes Lara. Headquartered in New York, Kalshi allows US residents to trade event contracts on politics, economics, weather, and more. The platform closed a $1B funding round in late 2025. Kalshi operates as a Designated Contract Market (DCM) under CFTC oversight, competing directly with Polymarket US, DraftKings Predictions, and Robinhood. Key features include regulated binary event contracts, mobile and web apps, and real money trading. [S1]
Key Features
FDIC insured USD collateral
FDIC insured USD collateral
Python API with backtesting
Python API with backtesting
Financial markets
Financial markets
Economic markets
Economic markets
Climate markets
Climate markets
Culture markets
Culture markets
Sports trading
Sports trading
No pattern day trading rules
No pattern day trading rules
80+ market categories
80+ market categories
Tax-advantaged (Section 1256)
Tax-advantaged (Section 1256)
Sources & Verification
website
Feb 25, 2026S1
Data QualityCompleteness: 65%Confidence: 70%
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