Kalshi
Kalshi ICO date: TBA. Kalshi is a regulated exchange and prediction market based in Manhattan, New York City, where users can trade on the outcome of real-world events, including economics, politics, and sports. It operates as a designated contract market (DCM) authorized to list event contracts in
Project overview
Kalshi is a regulated exchange and prediction market based in Manhattan, New York City, where users can trade on the outcome of real-world events, including economics, politics, and sports. It operates as a designated contract market (DCM) authorized to list event contracts in the U.S. and is regulated by the Commodity Futures Trading Commission (CFTC). Kalshi allows users to buy and sell event contracts that resolve to $1 if the event occurs.
AI summary
Kalshi is a regulated exchange and prediction market based in Manhattan, New York City, where users can trade on the outcome of real-world events, including economics, politics, and sports. It operates as a designated contract market (DCM) authorized to list event contracts in the U.S. and is regulated by the Commodity Futures Trading Commission (CFTC). Kalshi allows users to buy and sell event contracts that resolve to $1 if the event occurs.
Risk context
Kalshi faces regulatory challenges and lawsuits in several states regarding the legality of its sports and election markets. The platform has also faced scrutiny over insider trading allegations and market manipulation. There are concerns about the ethics of allowing wagers on sensitive geopolitical issues and the potential for election betting to decrease public trust in the democratic process.
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Team status: Anonymous | Audit status: No audit detected
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