Kalshi Gains Regulatory Approval for Margin Trading
- Kalshi received regulatory approval for margin trading, enhancing its appeal to institutional investors.
- The approval includes a futures commission merchant license through Kinetic Markets LLC.
- Kalshi’s valuation surged to $22 billion after raising over $1 billion, doubling from December’s $11 billion.
- Weekly notional volume on Kalshi exceeded $3 billion, with monthly trading volume reaching $10.4 billion.
- The platform is expanding infrastructure to support larger traders and institutional adoption.
- A bipartisan Senate bill proposes banning sports-related event contracts on federally regulated prediction markets.
Kalshi’s recent regulatory approval for margin trading positions it as a significant player in the prediction market sector, with a valuation boost to $22 billion and substantial trading volumes indicating strong institutional interest.
Source (3.2)https://cryptobriefing.com/kalshi-margin-license-predictive-markets/?rand=59535