Kalshi Launches Midterms Hub for Real-Time U.S. Election Odds Ahead of November Vote

Kalshi, the U.S. prediction-market platform, has launched Midterms Hub ahead of the November U.S. midterm elections, rolling out a platform that aggregates election forecasts.

CoinDesk reported on July 22 that Kalshi announced the launch that day. The service provides real-time forecast probabilities for state and federal races, allowing users to see at a glance the chances of victory for specific candidates and political parties.

The forecasts are visualized on a U.S. map based on the latest odds for each election event. Users can use the map to quickly assess the electoral landscape by region.

Midterms Hub also includes polling averages, candidate fundraising data from the Federal Election Commission and news from major media outlets. The additional data is intended to help users compare prediction-market probabilities with actual polling results.

"Midterms Hub shows in real time where users are betting at any given moment," Kalshi said. The company added that it is designed to serve as a one-stop platform for tracking state and federal races in one place.

Kalshi is also expanding its political prediction-market business ahead of the November midterms. In May, it launched the American Power Index, which tracks shifts in political influence, and described it as the "S&P 500 of politics."

The company has been seeking fresh funding since last month at a valuation of about $40 billion, CoinDesk reported.