Kalshi says NBA star Giannis Antetokounmpo’s stake is below 1%; controversial deal was signed Thursday

Kalshi Milwaukee Bucks forward Giannis Antetokounmpo has acquired a sub-1% equity stake in prediction market platform Kalshi, the company confirmed to The Block, making him the first active NBA player to take a financial position in a platform that offers event contracts on basketball games. Antetokounmpo announced the deal Friday on X, one day after the NBA's Feb. 5 trade deadline passed without the two-time MVP being moved from Milwaukee. "The internet is full of opinions. I decided it was time to make ...