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- 🚀 Kalshi: Trade on real world events
🚀 Kalshi: Trade on real world events
Trade on world events with event contracts
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Have a hunch on who will win the grammy? What the temperature will be in NYC tomorrow? What the Fed interest rates will be? If so, this week’s startup Kalshi is for you.
⚾ The Elevator Pitch:
Trading has never been more accessible – and amateur traders and HODLers have shown their strength in the recent years. But for many, the stock market is a difficult and unfamiliar game to play. Kalshi is disrupting the trading space with event contracts. Now, anyone can trade on topics familiar to all of us: real world events.
👇 The Drop Down:
Site: https://kalshi.com/
Founded: 2018
Stage: Series A
Tech Trend: Fintech
Traction: 1st federally regulated exchange, backed by Sequoia, Charles Schwab, YC
Team: Ex-Citadel quant traders, MIT grads
🔍 Why we like it
🏦 Market disrupter? More like market makerKalshi’s event contracts opens up an entirely new field of trading options for investors. This opens a new chapter in U.S. financial history, one where individuals can hedge and mitigate everyday risks.
✅ CFTC approval. It’s a big deal.Kalshi has already begun building a moat around their business with a CFTC approval, designating Kalshi as a contract market. Their next step is approval for regulated political markets.
🌱 Growing financial literacyResources to gain financial literacy has never been more accessible. People are looking to diversify and expand their streams of revenue and Kalshi is providing a major new opportunity.