Business Wire·Jun 24, 2026, 6:00 AM ET

Powerlaw Corp. (Nasdaq: PWRL) Highlights Kalshi Portfolio Holding, Following Reports of $2B Annualized Revenue

PWRL

Powerlaw Corp. (NASDAQ: PWRL) highlights its exposure to Kalshi following reports that the prediction market platform surpassed $2 billion in annualized revenue.
Kalshi is the only privately held company within the prediction markets category to reach this scale, reflecting a broader trend of high-growth private firms remaining private longer before an IPO.
PWRL is currently the only publicly traded closed-end fund offering exposure to Kalshi.
The fund provides investors with a single Nasdaq-listed security to access a portfolio of private technology companies including SpaceX, OpenAI, Deel, Stripe, Kraken, Vast Data, Tether, Colossal Biosciences, Mercor, Perplexity, Canva, Groq, Rippling, Saronic, Figma, & Waymo.
Powerlaw Corp. is advised by Powerlaw Fund Adviser, LLC, which leverages the experience & sourcing network of Akkadian Ventures, a venture secondary investment firm with approximately $1.36 billion in assets under management as of March 31, 2026.
Akkadian has completed more than 875 primary & secondary transactions across 134 portfolio companies since 2010.
PWRL operates as a registered closed-end management investment company under the Investment Company Act of 1940, offering daily liquidity & monthly NAV reporting.
The fund intends to elect Regulated Investment Company (RIC) status for U.S. federal income tax purposes starting with the taxable year ending September 30, 2026.
Investors are warned that PWRL shares may trade at a discount to net asset value, there is no guarantee of an active trading market, & shareholders may not be able to liquidate their investment for an indefinite period.
The press release includes forward-looking statements regarding expected portfolio expansions & direct listing activities, noting these are subject to known risks & uncertainties.