Kalshi becomes CNN's official prediction market partner, with its data to be showcased in real-time on news programs

ChainCatcher reports that prediction market platform Kalshi has announced it will become CNN's official prediction market partner, with its real-time probability data integrated into CNN's news programming, led by Chief Data Analyst Harry Enten. CNN will receive real-time data support from Kalshi on the probabilities of future events in politics, culture, and more, and will launch real-time information tickers based on Kalshi data in relevant segments.

Kalshi stated that its platform has become an important tool for politicians, media organizations, and financial markets to observe future events. Previously, competitor Polymarket also stated on CBS's "60 Minutes" that prediction markets are "the most accurate forecasting tool currently available to humanity." The combined total trading volume of both platforms has exceeded $45 billion, and institutions such as Google Finance, Yahoo Finance, Robinhood, and ICE have all begun collaborating with prediction market platforms.

Despite increasing mainstream acceptance, the prediction market industry still faces regulatory controversy. Kalshi was recently hit with a nationwide class-action lawsuit in the US, accused of providing sports betting services without a gambling license and misleading consumers.