TOTAL VOLUME:

$41.6b

24H VOL:

$113,284,831

24H TRANSACTIONS:

2,858,735,640

OPEN INTEREST:

$1,620,345,032

79,029

Markets across

1,359

events

MATCHED EVENTS:

138

PLATFORM COVERAGE:

4

Polymarket:

45%

VS.

Kalshi:

55%

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Which companies will officially announce an IPO this year?
kalshi

Which companies will officially announce an IPO this year?

Nov 19, 2025, 10:00 PM EST - Jan 1, 2027, 10:00 AM EST
Total volume:
$2,554,919
Volume 24h:
$66,258
87%
Liquidity:
N/AN/A
Open interest:
$724,212
0.17%

Anthropic

 - Kalshi

Anthropic - Kalshi

1W

News

Positive

Negative

Neutral

Hover marker for details

Vol.

·

Resolves Jan 1, 2027

Who will IPO before 2027?

95%chance
Amount

$

Trade on
kalshi

Trade on Kalshi

Join Kalshi and score $25 for your first trade.At 95¢ buys you 105 shares | Odds: 95% Total Payout: $105 | Net Profit: $5 Multiplier: 1.05x | ROI: 5% | APY: 33% 66 days to resolution
You will be redirected to the platform to complete this trade.
Outcome
Trade
Chance %
Price
Spread
Liquidity
Volume
24h
7d
Open Interest
Ends in
Result
kalshi

Anthropic

Trade
95%
11%
Yes 95¢No 7¢
2¢
N/A
$388,109
0.7%
N/A
$90,333
2mo 6d
active
kalshi

Discord

11%
Yes 11¢No 92¢
3¢
N/A
$139,272
0.11%
N/A
$21,976
2mo 6d
active
kalshi

Airwallex

7%
Yes 4¢No 98¢
2¢
N/A
$13,672
0%
N/A
$4,225
2mo 6d
active
kalshi

Vanta

6%
Yes 4¢No 99¢
3¢
N/A
$10,728
0%
N/A
$4,752
2mo 6d
active
kalshi

Ripple Labs

4%
Yes 4¢No 98¢
2¢
N/A
$34,712
0%
N/A
$15,285
2mo 6d
active
kalshi

Brex

4%
Yes 4¢No 99¢
3¢
N/A
$33,896
0%
N/A
$18,853
2mo 6d
active
kalshi

Celonis

4%
Yes 4¢No 99¢
3¢
N/A
$17,949
0%
N/A
$9,840
2mo 6d
active
kalshi

Beast Industries

4%
Yes 3¢No 99¢
2¢
N/A
$15,513
0%
N/A
$2,959
2mo 6d
active
kalshi

Skims

4%
Yes 8¢No 97¢
5¢
N/A
$8,043
0%
N/A
$3,361
2mo 6d
active
kalshi

DeepSeek

4%
Yes 5¢No 98¢
3¢
N/A
$5,893
0%
N/A
$4,569
2mo 6d
active
kalshi

Bloomberg

4%
Yes 4¢No 99¢
3¢
N/A
$3,096
0%
N/A
$1,842
2mo 6d
active
kalshi

Rippling

3%
Yes 4¢No 99¢
3¢
N/A
$20,259
0%
N/A
$10,355
2mo 6d
active
kalshi

Mistral AI

3%
Yes 5¢No 98¢
3¢
N/A
$6,652
0%
N/A
$3,682
2mo 6d
active
kalshi

Oura

3%
Yes 3¢No 98¢
1¢
N/A
$40,519
0%
N/A
$9,986
2mo 6d
active
kalshi

Deel

3%
Yes 5¢No 99¢
4¢
N/A
$37,161
0%
N/A
$11,533
2mo 6d
active
kalshi

Ramp

3%
Yes 3¢No 99¢
2¢
N/A
$32,373
0.02%
N/A
$10,164
2mo 6d
active
kalshi

Glean

3%
Yes 4¢No 99¢
3¢
N/A
$8,016
0%
N/A
$3,423
2mo 6d
active
kalshi

Kraken

3%
1%
Yes 3¢No 98¢
1¢
N/A
$155,750
0.2%
N/A
$33,137
2mo 6d
active
kalshi

Anysphere (Cursor)

2%
Yes 3¢No 100¢
3¢
N/A
$28,471
0%
N/A
$8,100
2mo 6d
active
kalshi

OpenAI

2%
Yes 5¢No 99¢
4¢
N/A
$431,129
0.05%
N/A
$90,526
2mo 6d
active
kalshi

Applied Intuition

2%
Yes 4¢No 99¢
3¢
N/A
$24,360
0%
N/A
$5,422
2mo 6d
active
kalshi

Plaid

2%
Yes 7¢No 97¢
4¢
N/A
$51,916
0%
N/A
$13,630
2mo 6d
active
kalshi

Anduril

1%
Yes 4¢No 99¢
3¢
N/A
$261,740
0%
N/A
$70,295
2mo 6d
active
kalshi

Databricks

1%
Yes 3¢No 99¢
2¢
N/A
$229,328
0.01%
N/A
$63,646
2mo 6d
active
kalshi

Stripe

1%
Yes 3¢No 99¢
2¢
N/A
$80,127
0%
N/A
$22,939
2mo 6d
active
Total markets: 25 of 31

Description

Private companies periodically go public through initial public offerings (IPOs). This market tracks whether specific high-profile private companies will confirm their IPO before the end of 2026. An IPO is considered confirmed once certain regulatory or exchange milestones are reached, even if trading does not begin until after the deadline.

Kalshi

An IPO is confirmed if any of the following occurs before January 1, 2027: the SEC declares the company's Form S-1 effective, the IPO is priced, or a securities exchange assigns a ticker symbol. Once any of these events occurs, the market immediately resolves to Yes, even if the company does not begin trading until after January 1, 2027. The confirmation of an IPO through any of these three mechanisms triggers resolution regardless of subsequent delays in trading commencement.