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Is an american financial exchange and prediction market based in new york city, offering gambling on event contracts Kalshi is edging further into blockchain territory Launched in july 2021, it offers a platform to place monetary bets on future events, including economic indicators, weather patterns, awards, as well as political and legislative outcomes.

Kalshi envisions a future where individuals can hedge against everyday risks and a marketplace that provides insights into public expectations on key societal and economic issues. Kalshi says they have it all wrong. Kalshi is a federally regulated prediction market, operating under the commodity futures trading commission (cftc).

State regulators say kalshi has been operating an illegal betting operation

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