Giannis Invests in Prediction Market Kalshi
NBA Milwaukee Bucks star Giannis Antetokounmp has recently announced a stake in US prediction market platform Kalshi, drawing widespread attention.
A Kalshi spokesperson confirmed that Giannis's ownership is less than 1%, although exact figures were not disclosed. Based on Kalshi's current valuation of $11 billion, even this small share amounts to $110 million.
The Rise of Kalshi
As a prediction market regulated by the US Commodity Futures Trading Commission (CFTC), Kalshi has grown rapidly in recent years, attracting significant investor interest.
- Known for its compliance-driven operations
- Continues to attract capital backing
- Market potential widely recognized
Giannis's involvement brings additional visibility to Kalshi and highlights the growing interest of sports stars in fintech ventures.