Kalshi partners with CNN to provide official prediction data

Kalshi's Partnership with CNN: Kalshi has formed an exclusive partnership with CNN, integrating its real-time prediction market data into CNN's reporting across TV and digital platforms, marking a significant step for prediction markets in mainstream media.

Funding and Valuation Growth: The announcement coincided with Kalshi's $1 billion Series E funding round, raising its valuation to $11 billion, which will support the expansion of its market offerings and blockchain integrations.

Legal and Regulatory Progress: Kalshi has seen improvements in its regulatory standing, with a Nevada court lifting a preliminary injunction, allowing for greater expansion into election-based markets.

Future Developments: The company is preparing to enhance its trading capabilities with new tools and integrations, including tokenized markets on Solana and wallet-native participation, while also increasing its active market count and trading volume.