Kalshi Reveals Giannis Antetokounmpo's NBA Stake Below 1%

Kalshi confirms NBA superstar Giannis Antetokounmpo's stake is under 1%, amidst a controversial deal signed on Thursday.

Kalshi has clarified that NBA star Giannis Antetokounmpo's investment in the company amounts to less than 1%. This announcement comes following the signing of a contentious deal on Thursday.

With Kalshi's recent valuation pegged at $11 billion, a 1% stake would equate to approximately $110 million. However, Kalshi has yet to provide specific details regarding the exact terms of Antetokounmpo's investment.