Kalshi Discloses Giannis Antetokounmpo Stake Is Less Than 1%

BlockBeats News, February 7th, according to The Block, a spokesperson for Kalshi stated that NBA Milwaukee Bucks star "Greek Freak" Giannis Antetokounmpo owns less than 1% of Kalshi. The transaction was signed on this Thursday (February 5th), the NBA trade deadline day.

Based on Kalshi's recent $11 billion valuation, a 1% stake is worth $110 million.