The Rise of Kalshi: A New Era for Prediction Markets and Crypto Compliance
Kalshi’s recent leap in valuation from $5 billion to $11 billion has certainly stirred the pot in the prediction market landscape. It’s a clear indicator that confidence in regulated platforms is growing, but it also raises questions about what’s next for decentralized finance. The implications of Kalshi’s ascent, the regulatory hurdles it faces, and how it stacks up against decentralized rivals like Polymarket are all worth a closer look.
A Sign of Things to Come?
Kalshi’s valuation surge is more than just a number; it marks a significant shift for prediction markets. This isn’t just about niche betting anymore; we might be seeing the beginnings of mainstream financial infrastructure. With institutional backing flooding in, Kalshi…
