Kalshi to Become a World Cup Partner as It Pursues More Growth

The partnership to be announced will also benefit ADI Predictstreet, which operates in far fewer markets than its larger rival. Under the terms of the partnership, Kalshi will funnel betting volume to ADI Predictstreet’s platform across international markets. (ADI Predictstreet operates in a handful of markets, while Kalshi is available in more than 100 countries.)

Any further gains from the partnership could be helpful for what may be Kalshi’s biggest ambition yet: an initial public offering.

The Information reported this month, citing unnamed sources, that Kalshi had held informal talks with investment banks about going public.

In an interview on CNBC this week, Tarek Mansour, a founder and the chief executive of Kalshi, confirmed that the company was “thinking” about an I.P.O. but that it wouldn’t happen this year.

“A company of our financial profile with the rate of growth that we’re seeing, that sort of conversation has to happen,” he told CNBC.

Article source: https://www.nytimes.com/2026/06/26/business/dealbook/kalshi-world-cup-fifa-partner.html