Kalshi Strikes Exclusive CNBC Deal After Landing CNN Partnership and $1 Billion Funding
Kalshi secured an exclusive multi-year partnership with CNBC, following a recent deal with CNN, after closing a $1 billion funding round that doubled its valuation to $11 billion.Summary
Prediction market platform Kalshi has finalized an exclusive, multi-year partnership with CNBC, which will integrate Kalshi's real-time prediction data across its TV, digital, and subscription platforms starting in 2026. This deal follows a recent partnership with CNN, making Kalshi the official prediction market partner for both major news networks. These media integrations coincide with Kalshi completing a massive $1 billion Series E funding round, which more than doubled its valuation to $11 billion, supported by investors like Paradigm, Sequoia Capital, and ARK Invest. The company's growth is fueled by explosive trading volume, exceeding $1 billion weekly, largely driven by sports betting contracts, giving it a dominant market share over competitors. Kalshi plans to use the new capital to expand its user base and market offerings nationwide, signaling a major shift toward mainstream adoption of prediction market data in financial and general news reporting.
(Source：Brave New Coin)