Powerlaw highlights Kalshi exposure as prediction market tops $2B

• Powerlaw (NASDAQ:PWRL) is highlighting its stake in Kalshi after the prediction market platform surpassed $2 billion in annualized revenue.
• PWRL is currently the only publicly traded closed-end fund with direct exposure to Kalshi.
• The fund continues to provide investors access to high-growth private technology companies through a single Nasdaq-listed security.

Powerlaw (NASDAQ:PWRL) is highlighting its exposure to the prediction market platform Kalshi following reports that the company has surpassed $2 billion in annualized revenue.

Kalshi has gained significant attention amid rapid growth in the emerging prediction markets category, which remains largely populated by privately held companies.

Powerlaw is currently the only publicly traded closed-end fund offering investors exposure to Kalshi.

The fund invests across sectors driving technological and financial innovation, including artificial intelligence, fintech, aerospace and defense, enterprise software, and consumer technology.

Powerlaw’s portfolio includes exposure to companies such as SpaceX, OpenAI, Stripe, Kraken, Perplexity, Canva, Groq, Rippling, and Waymo, among others.

The fund is the flagship vehicle from Powerlaw Capital Group, advised by Powerlaw Fund Adviser, LLC, which leverages sourcing networks and industry relationships to access private technology companies.

Powerlaw Capital Group is backed by Akkadian Ventures, a venture secondary investment firm with approximately $1.36 billion in assets under management as of March 31, 2026.