Crypto ‘essential’ for Kalshi’s next 10x unlock, says prediction market’s crypto lead – DL News
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- Kalshi’s crypto lead says blockchain is essential for the firm.
- The prediction market recently overtook Polymarket in trading volume.
- Permissionless margin trading is one potential feature.
On Tuesday, Kalshi’s newly hired crypto lead announced the New York-based prediction market is leaning into blockchain technology in a big way.
The prediction markets platform already lets users make deposits in Circle’s USDC stablecoin, as well as other cryptocurrencies, through a collaboration with ZeroHash. Cryptocurrencies are immediately converted to fiat.
But the remit is expanding, John Wang told an audience in Singapore.
“The next 10x unlock for us will be building new financial primitives for trading on Kalshi,” he said during…
