Kalshi
Kalshi Inc.
Kalshi Inc. operates a financial exchange regulated by the U.S. Commodity Futures Trading Commission (CFTC). The platform allows users to trade event contracts, which are financial instruments based on the outcomes of real-world events across categories like economics, politics, weather, and culture.
Products & Team
Kalshi Event-Contract Exchange
The primary offering is an online trading platform where users buy and sell 'yes' or 'no' contracts on the outcomes of specific future events. The prices of these contracts, ranging from 0 to 100 cents, represent the market-implied probability of an event occurring, settling at 100 if the event happens and 0 if it does not.
The exchange provides a regulated marketplace for individuals and institutions to hedge risk or speculate on macro events that are otherwise difficult to gain direct financial exposure to, effectively creating a new asset class.
The platform addresses the lack of accessible, regulated tools for hedging against or financially speculating on specific non-traditional events, such as policy changes, election results, or economic data releases that can impact business operations and investment portfolios.