Kalshi is a Commodity Futures Trading Commission-regulated prediction market and event-contract exchange that lets users trade binary contracts on real-world outcomes including weather, sports, and financial indices. Kalshi's Twitter Score is 372 out of 1000 (an Excellent rating) as of August 2026, ranking #668 (top 0.5%) among 483,652 tracked accounts.
Kalshi was co-founded by Tarek Mansour, who serves as CEO, and Luana Lopes Lara. The platform received CFTC approval as a designated contract market for event contracts in 2020, and in October 2024 a federal appeals court rejected the CFTC's emergency stay request, allowing Kalshi to offer trading on U.S. congressional control contracts. In May 2026, the CFTC approved Bitcoin perpetual futures trading for U.S. customers at Kalshi, with additional crypto-linked perpetual contracts pending regulatory review. CME Group subsequently sued the CFTC over approval of those perpetual futures contracts, which compete with CME offerings.
Kalshi has attracted significant institutional backing. Its Series C round of $185 million was led by Paradigm at a $2 billion valuation, with participation from Multicoin Capital, Sequoia Capital, Neo, and Citadel Securities CEO Peng Zhao, per Axios. The Financial Times reported in June 2026 that Kalshi had completed a $1 billion funding round at a $22 billion valuation and was in advanced talks to raise at a $40 billion valuation. The Financial Times also reported that Kalshi amassed over $17 billion in trading volume in the month preceding that report. Additional backers include Andreessen Horowitz, Morgan Stanley, and Coatue. Kalshi has a strategic adviser in Donald Trump Jr. and a policy adviser in Stephanie Cutter, and has been affiliated with Robinhood, CNN, and CNBC.
Kalshi faces active legal challenges. In March 2026, Arizona filed a 20-count misdemeanor indictment against Kalshi that included 16 charges of operating an unlicensed gambling business and four charges of illegally facilitating election wagering; Kalshi called the charges meritless and said it would contest them. The Financial Times also reported that several U.S. states, including Arizona and Massachusetts, had taken legal action against Kalshi for allegedly offering unlicensed gambling services. Kalshi is a non-tokenized private company with no official token. Kalshi's account has published 14,274 posts and has been mentioned by 1,762 accounts a total of 4,949 times, reflecting broad engagement across the crypto and finance communities.
Who follows Kalshi on X?
The accounts that follow Kalshi include 1,243 founders, 281 angel investors, 1,014 influencers and 15 VCs, among them Solana, Toly, Chris Dixon, Laura Shin, Kyle Samani and Fred Ehrsam.