prediction market platform
Coverage of prediction market platform in the Nexus archive.
- Goat herding hedge: How Susquehanna and Kalshi are helping this company offset a change in California law
A goat herding business facing higher wage costs turned to the prediction market platform Kalshi. This move utilizes Susquehanna's help to hedge and offset possible expenses related to a change in California law.
- Binance.US to apply for CFTC license in August for prediction market platform
Binance.US CEO Stephen Gregory announced at a recent conference that the company will apply for a designated contract market license in August. The application is intended for the company's prediction market platform.
- Polymarket annualized revenue surpasses $1 billion six weeks after its U.S. exchange launch
Polymarket's annualized revenue surpassed $1 billion six weeks after its U.S. exchange launch, driven by World Cup trading and the end of its U.S. waitlist. The prediction market platform is experiencing rapid growth due to these factors.
- Kalshi in early IPO talks with investment banks: report
Kalshi, a prediction market platform, is in early discussions for an IPO with investment banks after achieving $2 billion in annualized revenue. The company is exploring a public listing amid increasing legal scrutiny of sports contracts.
- Kalshi to collect employment info from customers trading in some high-risk markets
Kalshi, a prediction market platform, will begin collecting customer employment information for trading in specific high-risk markets. The company stated this measure targets markets with heightened risks of insider trading.