Prediction market Kalshi notified a federal regulator on Wednesday that it was self-certifying markets on whether college athletes will enter the NCAA transfer portal, but the company says it has no immediate plans to begin offering trading on the portal.
In a filing submitted to the Commodity Futures Trading Commission, Kalshi wrote that contracts on the transfer portal will initially be listed Dec. 17, 2025, and that it intends to list such markets daily. Transfer portal markets were not appearing on the site as of 8 p.m., Wednesday.
"We certify markets all the time that we do not end up listing," a Kalshi company spokesperson told ESPN.