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.
From Bloomberg Businessweek