CNN Partners With Kalshi to Integrate Real-Time Prediction Market Data

Crypto prediction marketplace Kalshi has struck a deal with CNN to become the American news network’s official prediction markets partner.

According to an announcement made on December 2, the exclusive collaboration will see Kalshi bring its real-time prediction market data directly into the CNN newsroom.

CNN to Use Kalshi’s Real-Time Prediction Data Across News Coverage

The CNN newsroom will now use data provided by Kalshi to support its reporting across politics, economics, weather, and major cultural events. The network’s editorial, data, and production teams will also have access to the company’s probability data, which reflects how users bet on future outcomes based on trading activity.

All data will appear on-air and online, supported by a Kalshi-powered ticker symbol during news segments that feature those numbers. CNN’s chief data analyst, Harry Enten, will guide reporters on how to use the information to interpret implied odds as stories unfold. The exchange added that the partnership is designed to provide viewers with clearer signals on emerging trends by showing how markets are reacting in real-time.

Enten, who specializes in polling and probability-based reporting, will incorporate market odds into his news coverage as an additional data point for assessing the likelihood of a political or cultural development.

CNN noted that Kalshi’s real-time feeds will support its graphic generation, provide more context for reporting, and facilitate the development of storylines around the ever-shifting expectations in U.S. politics and other major news cycles.

The exchange has gained massive attention for its speed and accuracy in predictions. In September, Kalshi called the New York City mayoral race for Zohran Mamdani just minutes after polling closed.

Kalshi Raises $1B, Valuation Surges to $11B Amid Prediction Market Boom

The CNN-Kalshi deal comes on the same day as Kalshi disclosed a $1 billion Series-E funding round led by crypto-focused investment fund Paradigm, with support from its existing backers, including Sequoia Capital, Andreessen Horowitz, and ARK Invest. The investment is aimed at helping the company grow its market catalog and accelerate its work on cross-chain integrations.

This round has more than doubled Kalshi’s valuation, from $5 billion during a October raise, to $11 billion in December.

The company’s CEO, Tarek Mansour, went on X to state that prediction markets, which were relatively unknown a decade ago, are becoming a new way to measure public expectations. He noted that Kalishi replaces debates and opinion points with markets and accuracy, before adding that users increasingly want information reflected through price action rather than speculation.

Prediction platforms have seen a surge in activity in recent times. According to data sourced by Token Terminal, Kalshi posted recorded volumes of $4.54 billion last month, beating October’s number of $4.49 billion. The company expects weekly volumes to exceed $1 billion as it continues to strike exclusive deals with mainstream media outlets. This represents a growth of more than 1,000% since 2024.

Shayne Colan, CEO of Kalshi’s arch-rival Polymarket, said recently that prediction markets are among the most reliable indicators for forecasting real-world outcomes. Digital asset manager Galaxy Digital is reportedly engaged in discussions with both companies to become a liquidity provider, as on-chain betting on real-world events is drawing more attention from both retail and institutional investors.

The partnership would see Galaxy serving as a market-maker on Kalshi and Polymarket, posting regular bids and offers to deepen trading activity.

Kalshi Adds Sei Support, Enabling Tokenized Event Contract Trading on Solana DEXs

Kalshi, which is a Solana-native platform, now supports the SEI network for faster trade settlements with SEI and USDC. It is also preparing to bring tokenized prediction contracts to Solana via decentralized finance (DeFi) protocols like DFlow and Jupiter. This integration will allow users to trade Kalshi’s event contracts as digital tokens on Solana, leveraging its high transaction throughput and low-cost transaction capabilities.

The company previously launched a blockchain ecosystem hub in partnership with Solana and Coinbase’s Base networks, indicating a strategic focus on both blockchains for developer support and innovation. Kalshi also distributes its regulated prediction market data to over 100 different blockchains through oracles like Pyth Network, Switchboard, and Stork.

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