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Kalshi taps World Cup to boost betting volume ahead of IPO

New York Times Business •
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Kalshi, a regulated US prediction market, announced a partnership with the FIFA World Cup. The deal ties the platform’s sports‑betting style contracts to the tournament’s global audience. By branding itself alongside the event, Kalshi hopes to lift trading volume and brand awareness as it readies an initial public offering, and attract institutional participants seeking regulated exposure, in the coming months.

The partnership arrives as US regulators tighten oversight of crypto‑linked betting platforms, pushing firms toward licensed exchanges. Kalshi, which operates under a Commodity Futures Trading Commission charter, positions the World Cup tie‑in as proof of compliance and mainstream appeal. Analysts expect the exposure to boost user acquisition, potentially lifting daily turnover ahead of the IPO roadshow for investors in 2024.

With the World Cup season set to draw billions of viewers, Kalshi’s brand will appear across digital ads and official match commentary. That visibility translates into measurable traffic spikes, which the company plans to showcase to potential shareholders. The partnership therefore serves as a tangible lever to expand volume and strengthen the IPO narrative for investors seeking growth in 2025.