From Love Island to Precious Metals, Prediction Markets Are Changing Finance

Prediction markets continue to expand into new products, new distribution channels, and new regulatory frameworks. This week brought developments across all three. Kalshi Looks Beyond Crypto Perpetuals Kalshi is preparing to expand its perpetual futures business beyond crypto, discussing contracts tied to foreign exchange, metals, and energy with regulators. According to Reuters , the exchange has

Prediction markets like Kalshi and Polymarket are betting on growth across new financial products. The industry’s product menu already stretches from political elections and World Cup matches to weather events. It now includes reality television, with Kalshi’s first markets tied to “Love Island USA” helping to more than double its weekly active female user base […] The post From Love Island

Horizon Trading Solutions, a global leader in electronic trading solutions and algorithmic technology for capital markets, today announced expanded capabilities for market making on Kalshi, providing its institutional clients with native connectivity to the leading CFTC-regulated prediction market.

Prediction market Kalshi is reportedly eyeing a move into the derivatives space. This expansion would cover things like metals, foreign exchange and energy markets, a company executive told Reuters in an interview published Thursday (July 9). The plan is to compete against traditional exchange operators by offering perpetual futures which, unlike traditional derivatives contracts, have no expirati