Kalshi CEO confirms considering IPO, but will not go public in 2026 On June 24th, according to CNBC, Tarek Mansour, CEO of the prediction market platform Kalshi, confirmed that the company is in the early stages of potential IPO planning but will not go public in 2026. Mansour stated that considering Kalshi's current financial situation and growth rate, it is reasonable to start considering an IPO. He said, 'For a company with our financial situation and growth rate, relevant discussions must take place. People will start to raise this question. We are basically thinking about it, but obviously there is no answer yet.' Previously, The Information reported that Kalshi was in early discussions about a potential IPO, but the listing time may not be until the end of 2027 or 2028. Mansour did not provide a more specific timeline on Wednesday, only stating that the IPO will not occur in 2026. Kalshi has grown rapidly in the past year. At the end of June 2025, the company's valuation is $2 billion; In May of this year, Kalshi announced the completion of Series F financing, with a valuation of $22 billion. Industry observers predict that one of the reasons driving up valuations is the market opportunities brought by institutional traders. Although retail users have driven Kalshi's growth, the company has begun to adjust its presentation and product development direction to enhance its appeal to Wall Street. Mansour stated that Kalshi has taken measures to enhance market integrity in predicting potential insider trading issues, including strengthening measures to identify trader employers and implementing KYC verification requirements. Kalshi has filed cases against individuals to demonstrate that its efforts to curb concerns about insider trading are working. Establishing a market integrity prediction platform is a challenge, but not impossible. [Original link]