Kalshi Hits $22 Billion Valuation as Prediction Markets Pivot Toward Institutional Finance Prediction markets are moving beyond the realm of retail speculation. Kalshi, a leading platform for trading real-world event …
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The Institutionalization of Truth: Kalshi and the Rise of Regulated Prediction Markets For decades, prediction markets were the playground of academics and crypto-enthusiasts—fascinating experiments in “the wisdom of the crowds” …