Kalshi, a prediction platform and the largest regulated U.S. exchange, has been one of the faces of election betting markets, which is now legal in the U.S. The company describes itself on X as" the first legal way to bet on the election in America."

ToplineFormer President Donald Trump has continued to surge on betting sites into early Wednesday morning, with bettors becoming increasingly confident of a Trump electoral win—despite most of the major swing states still tallying votes.

After a U.S. appeals court ruled in October that wagering is allowed on political races, including the presidential election, Kalshi – a federally-regulated financial exchange – has seen wagers rolling in on the race between Democratic U.