Bloomberg reported the prediction market platform set a weekly record during the first week of the FIFA World Cup, underscoring growing activity in event-based trading.
Kalshi posted a record $5.1 billion in trading volume during the first week of the FIFA World Cup, Bloomberg reported. The figure marks a weekly high for the prediction market platform, highlighting strong demand for event-based contracts tied to major global sports competitions. The report also said Kalshi's notional trading increased, pointing to a broader rise in participation as prediction markets gain traction as an alternative venue for expressing views on real-world outcomes.