Kalshi Extends Lead Over Polymarket as CNBC and CNN Adopt Its Prediction Data

Highlights

• CNBC and CNN now using Kalshi’s real-time prediction data

• Kalshi hits $4.54B monthly volume and $1B weekly trading

• Polymarket prepares U.S. comeback after CFTC approval

Kalshi has widened its lead in the prediction-market race after securing two major media partnerships. CNBC confirmed it will integrate Kalshi’s real-time probabilities into shows like Squawk Box and Fast Money starting in 2026, along with an on-air ticker and Kalshi-powered market pages. A day earlier, CNN named Kalshi its official prediction data provider, with chief analyst Harry Enten set to use its probabilities across TV and digital coverage.

The partnerships come shortly after Kalshi closed a $1B funding round at an $11B valuation. The platform also launched tokenized versions of its event contracts on Solana, allowing each prediction market to be traded as a crypto asset. Activity continues to climb, with a record $4.54B in November volume and weekly trading surpassing $1B. Kalshi has denied recent allegations of market manipulation, calling them “baseless.”

Meanwhile, rival Polymarket is preparing its U.S. return after gaining CFTC approval. Users on its waitlist will soon access a new American app. The platform also posted strong activity in November with $3.76B in volume and is expanding through partnerships, including an integration with PrizePicks and plans for a future token. Institutional interest is rising as Galaxy Digital explores liquidity partnerships with both platforms.