Kalshi Targets Global Expansion of Prediction Markets Within 18 Months
The U.S.-based prediction market platform aims to operate in multiple countries, expand sports-related contracts, and position its market offerings as competitive with stocks.
Summary
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Terms & Concepts
Prediction market: A platform where participants trade contracts based on the outcomes of future events, with prices reflecting the perceived likelihood of each outcome.
Sports contracts: Prediction market instruments tied to the results or statistics of sporting events, allowing users to speculate on outcomes.