Prediction markets like Kalshi beat pollsters in forecasting the 2024 US election. Mansour now says financial marketplaces ...
Describing Kalshi's election betting platform as "a coin flip with a bias," CEO Tarek Mansour highlighted the platform's ...
These markets … are the best mechanism to get more truth about who’s actually going to win,” says Kalshi co-founder Tarek ...
Nearly $5 billion in bets have been placed on the outcome of the presidential election across Polymarket and Kalshi.
We’re letting the market speak instead of pundits, pollsters, people, political figures, people with biases or conflicts of interest, people that had incentives or not,” Kalshi CEO Tarek ...
Billions of dollars were staked on the election on prediction markets like Polymarket and Kalshi, with betting now open on ...
CEO Tarek Mansour shared with “Squawk Box” on CNBC. Kalshi, the financial exchange and prediction market, has jumped to the No. 1 spot in the Apple App Store “Finance” category ...
Political prognosticators legally bet over $100 million on the 2024 presidential election, favoring Harris over Trump.
"This is the dawn of a new era for prediction markets," Kalshi's founder said. Betting markets called Trump's win weeks ...
Investors are rushing to throw millions at a hot startup called Kalshi as loans or even as unusual we’ll-figure-it-out later ...
What Happened: Speaking on CNBC on Monday, Mansour explained that Kalshi's election markets reflect user-driven probabilities, offering a nuanced perspective distinct from traditional polling data.