As Kalshi is a private company, purchasing its stock is not available to everyone. To buy the stock of a private company like Kalshi, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge to buy private market stock on our secondary marketplace. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
How to buy Kalshi stock?
To invest in a private company like Kalshi through Forge, you must first qualify as an accredited investor. Create your account. Verify your identity and accreditation status to access Forge’s real-time marketplace.
Explore opportunities. Browse companies with active bids and asks, plus data-driven pricing insights like historical trades and Forge Price™.
Submit or negotiate a bid. Place a bid or engage with existing asks—self-directed and fully transparent.
Complete your trade. Forge handles paperwork and approvals, with settlement typically in 45-60 days.
Yes, as a shareholder, you may be able to sell your Kalshi shares through Forge’s private market platform—subject to company policies and market interest.
Submit a sell order (ask) by specifying your desired price, quantity and share class.
Forge will work to match your order with interested buyers in the marketplace.
If a match occurs, Forge coordinates the necessary company approvals and compliance checks, including any transfer restrictions or right of first refusal (ROFR) processes Kalshi may have in place.
Please note that the ability to complete a transaction depends on Kalshi’s secondary trading policies, available demand and transaction approvals. While liquidity is not guaranteed, listing your shares on Forge allows you to signal interest and potentially connect with qualified buyers.
Explore potential demand for your shares and view live market interest
Use proprietary pricing insights and market data to assess timing and valuation
Submit an indication to sell, negotiate terms, complete the transaction and receive your payment
To learn more about Kalshi stock
Is Kalshi a public company?
No, Kalshi is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
What is Kalshi’s stock price?
Kalshi is a private company, meaning it does’t have a publicly traded stock price. However, as of 05/11/2026 the Kalshi Forge Price is $653.25 per share. The Forge Price is a derived price calculated for private companies like Kalshi to provide insights into their current valuation. Learn more about Forge Price.
What is Kalshi’s stock ticker symbol?
Kalshi does not have an official ticker symbol because this company is not currently publicly traded.
Can institutional investors buy and sell private market stocks?
Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.
Andreessen Horowitz, Blanck Capital, Capitalg, Coinbase Ventures, General Catalyst, Paradigm, Sequoia Capital, Spark Capital
Price Per Share
$162.02
Shares Outstanding
1,851,646
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Blanck Capital, Capitalg, Coinbase Ventures, General Catalyst, Paradigm, Sequoia Capital, Spark Capital
06/25/2025
Series C
$125MM
$44.96
$2B
Bond, Multicoin Capital, Neo, Paradigm, Peng Zhao, Sequoia Capital
Price Per Share
$44.96
Shares Outstanding
2,780,203
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bond, Multicoin Capital, Neo, Paradigm, Peng Zhao, Sequoia Capital
11/03/2021
Series B
$70MM
$33.01
$749.83MM
Undisclosed Investors
Price Per Share
$33.01
Shares Outstanding
2,120,875
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
02/17/2021
Series A
$30MM
$5.82
$144.88MM
Charles Schwab, Henry Kravis, Human Capital, Liyuan Venture Capital, Mantis Vc, Neo, Night Capital, Sequoia Capital, Sv Angel, Y Combinator
Price Per Share
$5.82
Shares Outstanding
5,157,856
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Charles Schwab, Henry Kravis, Human Capital, Liyuan Venture Capital, Mantis Vc, Neo, Night Capital, Sequoia Capital, Sv Angel, Y Combinator
03/04/2020
Series Seed
$3.5MM
$2.51
$40.28MM
ESAS Ventures, Global Founders Capital, Neo, Sgh Capital, Soma Capital
Price Per Share
$2.51
Shares Outstanding
1,391,954
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
ESAS Ventures, Global Founders Capital, Neo, Sgh Capital, Soma Capital
03/04/2020
Series Seed-2
$424,998.76
$1.48
$40.28MM
ESAS Ventures, Global Founders Capital, Neo, Sgh Capital, Soma Capital
Price Per Share
$1.48
Shares Outstanding
287,338
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
ESAS Ventures, Global Founders Capital, Neo, Sgh Capital, Soma Capital
03/04/2020
Series Seed-1
$2.02MM
$0.87
$40.28MM
ESAS Ventures, Global Founders Capital, Neo, Sgh Capital, Soma Capital
Price Per Share
$0.87
Shares Outstanding
2,321,686
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
ESAS Ventures, Global Founders Capital, Neo, Sgh Capital, Soma Capital
03/06/2019
Series Seed-3
$150,000.30
$0.19
$750,001.51
Y Combinator
Price Per Share
$0.19
Shares Outstanding
804,550
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Y Combinator
Company details
Kalshi is the first CFTC regulated exchange dedicated to trading on a new asset class: event contracts. The contracts cover a wide range of topics from weather to international affairs to media and more. Kalshi makes money by charging a transaction fee on the expected earnings on the contract. The company's mission is to allow people to capitalize on their opinions and hedge against everyday risks. Kalshi was founded in 2018 by Luana Lara and is headquartered in New York, NY.
The final quarter of 2025 delivered a wave of mega-rounds, with five Forge-listed private companies each securing $1 billion or more in fresh capital. These outsized raises not only show where late-stage capital is flowing — from AI to energy and event-driven markets — but also signal investor confidence that these companies have the potential to scale and deliver compelling, revenue-generating products. For investors, these billion-dollar hauls offer an early look at the emerging leaders that may shape the next decade of private-market returns.
Prediction markets are moving from the fringes of finance and entering the mainstream. Platforms that allow users to trade on the probability of real-world events, from elections to economic indicators, have seen a surge in both trading volume and investor interest, reflecting growing demand for market-based forecasting. That momentum is expected to continue according to CNBC. Industry analysts project the category could scale to $1 trillion in annual trading volume by 2030, underscoring its potential to emerge as a meaningful new asset class and an increasingly relevant category for investors.
Prediction market Kalshi is making it easier for its users to have conversations on Meta’s social network Threads. Kalshi now offers a share option that will automatically embed the relevant prediction market chart into a Threads post.
Forge is your trusted partner to buy and sell Kalshi stock
Forge is the trusted platform for buying and selling private company stock. Investors and shareholders worldwide rely on our deep data insights, liquidity solutions, and tailored investment opportunities to navigate the private market. Register to get started.
PLEASE READ THESE IMPORTANT LEGAL NOTICES & DISCLOSURES
Forge Price™ is a custom data-point calculated and disseminated by Forge Data LLC (“Forge Data”) and is a mark of Forge Data. Forge Price may rely on a very limited number of inputs in its calculation. Forge Price is prepared and disseminated solely for informational purposes. Redistribution is permitted solely with Forge’s written consent. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of Forge Price, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of Forge Price. Forge Price is derived from secondary activity on the Forge platform and other private market trading platforms, and other publicly-available datapoints collected by Forge. Forge Price is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Neither reference to company names, nor calculation of Forge Price for a specific company, implies any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company. The dollar-figure and percentage displayed indicates the per share change in dollar amount and percentage since the most recent Forge Price change. Percentages are rounded to the nearest whole number.
Market activity indicates the level of activity for a company based on recent IOIs, secondary transactions, and pending transactions.
Post-Money Valuation represents the estimated valuation based on company-submitted Certificates of Incorporations (COIs).
Last Known Valuation represents a valuation gathered from non-COI, publicly available sources including company press releases or multiple concurring news articles.
Actively traded companies are companies with a high market activity with the highest post-money valuation in the same sector.
‘Stock Price’ or other private company metrics (‘PC Data’) may rely on a very limited number of trade and/or IOI inputs in their calculation. PC Data is prepared and disseminated solely for informational purposes. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of PC Data, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of PC Data. PC Data is derived from the performance and pricing of secondary activity on the Forge platform and other private market trading platforms. PC Data is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Reference to company names does not imply any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company.
The news articles displayed on this page may be curated using artificial intelligence (AI) technology, which selects relevant content from a list of trusted web sources. While we strive for accuracy and reliability, the inclusion of an article does not imply endorsement or verification of its content. This communication is for informational purposes only. Investors should conduct their own research and consult a financial professional before making investment decisions.
Investing in private company securities is not suitable for all investors, is highly speculative, is high risk, and investors should be prepared to withstand a total loss of their investment. Private company securities are highly illiquid and there is no guarantee that a market will develop for such securities. Each investment carries its own risks, and investors should conduct their own due diligence regarding the investment, including obtaining independent professional advice. Past performance is not indicative of future results. This is not a recommendation, offer, solicitation of an offer, or advice to buy or sell securities by Forge, nor an offer of brokerage services in any jurisdiction where Forge is not permitted to offer brokerage services. Brokerage products and services are offered by Forge Securities LLC, a registered broker-dealer and member FINRA/SIPC. Please see other important disclaimers, disclosures and restrictions you acknowledge by using this website and to which you are subject.
Updated May 11, 2026
