The platform for trading contracts on the Kalshi events has held preliminary negotiations with investment banks to prepare for an IPO, which may take place in late 2027 or early 2028. Discussions also cover partnerships with banks to offer Kalshi products to their institutional clients. Interest in the listing was supported by a sharp increase in performance: annual revenues exceeded $2 billion, and monthly trading volume reached $17.9 billion in May.

In May 2026, Kalshi raised $1 billion at a valuation of $22 billion, closing the fourth major round since early 2025. The bulk of trading is traditionally for sporting events, but the platform has been actively diversifying products, recently launching perpetual cryptocurrency approved by the US Commodity Futures Trading Commission (CFTC). Rapid scale-up and financial success make the company’s entry into the stock market highly likely.

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The material is prepared solely for informational purposes and does not constitute a financial advice or recommendation.