A new prediction market lets investors bet big on almost anything | Curio

A new prediction market lets investors bet big on almost anything

24 mins | Jun 6, 2022

What could go wrong? Recently approved by the CFTC, Kalshi lets people place five-figure wagers on the outcome of the Grammys, the next Covid wave, and future SEC commissioners. Liam Vaughan and Benjamin Bain explore how a Silicon Valley-backed startup brings Wall Street-style trading to an entirely new category.

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From Bloomberg Businessweek

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