SiaPredict DailyAugust 26, 2026
Top line
It was a quiet day for regulatory action but an active one for capital formation and sports commercialization. Kalshi's SEC paperwork shows its fundraising has already outrun its publicly announced Series F, and its MLB sponsorship roster keeps growing even as the company fights litigation in a dozen-plus states.
Today's top 3
- 1Industry
Kalshi's Form D shows $1.12 billion raised since April, ahead of reported $40 billion round
A Form D filed with the SEC shows Kalshi has sold $1.12 billion of a nearly $1.5 billion exempt offering opened April 3, from 71 investors, with about $380 million still available. The total folds in the $1 billion Series F led by Coatue that was disclosed in May at a $22 billion valuation, but confirms for the first time that Kalshi's fundraising capacity already exceeds that round, headroom that lines up with separately reported, still-unclosed talks for a further raise at a $40 billion valuation.
The Block - 2IndustryCatch-up
Kalshi confirms multi-year marketing partnerships with five MLB teams
Kalshi confirmed exclusive, multi-year marketing partnerships with the Atlanta Braves, Boston Red Sox, Los Angeles Dodgers, San Diego Padres, and San Francisco Giants, covering stadium signage, digital and radio promotion, and branded spaces such as naming rights for the Dodgers' Golden Glove Bar. The announcement formalizes ballpark branding that had already been visible for weeks and extends Kalshi's sports-partnership roster, which separately includes Fox, CNN, CNBC, the NHL, and Madison Square Garden.
Front Office Sports - 3IndustryCatch-up
Novig's first-week volume topped Kalshi, Polymarket US, DraftKings, and Underdog launches
New entrant Novig, which launched sports event contracts nationwide on August 4, reported more than $125 million in trading volume in its opening week, which it said exceeded the opening-week sports-contract volume of Kalshi, Polymarket US, DraftKings' DKeX, and Underdog. Parlays accounted for roughly a third of the volume, with a single-day peak of $26.3 million, an early data point on how much liquidity a new CFTC-registered entrant can pull from incumbents.
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