After election boom, Kalshi gets creative in new markets, including sports
Over the fall, Kalshi successfully overcame legal challenges from the Commodity Futures Trading Commission (CFTC) and became the first legal, regulated prediction market. The US presidential election was a gold mine for it and others – but now, the market is a hodgepodge of contracts for politics, finance and... sports?
By Jess Marquez
- Big picture