Kalshi, the prediction market platform, has begun preliminary discussions with investment banks about a possible initial public offering (IPO), as reported by The Information. However, insiders believe the company may not launch its IPO until late 2027 or 2028.
Kalshi's revenue has reportedly soared to over $2 billion annually at its current growth rate, marking a threefold increase since November. This surge is largely driven by heightened trading activity in markets linked to major events like the NBA and the World Cup.
