Kalshi US traffic rises 1,500% as regulatory scrutiny increases

Prediction market platform Kalshi saw its US website visits climb sharply over the past year, reaching 15.4 million in July, according to Similarweb estimates cited by Cointelegraph. The increase came as the company also posted much higher trading volumes and faced growing legal questions over how its sports contracts should be regulated. The article says Kalshi’s monthly notional trading volume reached about $40 billion in August, up from $874 million a year earlier. Across the wider predictionmarket sector, monthly volume rose to $50.7 billion, with Kalshi accounting for most of the activity. The report also notes that traffic from Canada and the UK increased even though Kalshi’s terms restrict direct access from those jurisdictions. The company has also expanded access through partnerships, including one with Wealthsimple in Canada.