Phoenix

What is Phoenix?

Despite a rapid ascension throughout the US, Kalshi has been relatively mum on potential international expansion down the road. There is some sentiment that Kalshi will wait to build abroad until after the completion of an initial public offering. At present, Kalshi has sought a valuation of around $44 billion.

Kalshi has imposed strict protocols for customer sign-up, which includes proof of US residency, along with a US tax identification number. The operator also requires traders to complete a robust know-your-customer check before trading on its site.

Per a nine-page member agreement issued by Kalshi in June, users are required to acknowledge that they are prohibited from trading on event contracts if domiciled in roughly three dozen countries. Australia, by way of the ASIC ban, received inclusion on the list. Under the agreement, Kalshi reserves the right to deny users access to its platform in the restricted jurisdictions.

How to play Phoenix

Raja, who has publicly described himself as the company’s founder, did not formally become a registered director until 2017.

Raja has characterized the allegations and media reporting against him as a “personal vilification campaign.”

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How to play Phoenix

Our tip: Jamie Vardy to score at any time (11/8)

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Our tip: Tottenham Hotspur to win by 1 goal (5/2)