Kalshi news: Prediction market platform secures license to offer margin trading to institutional investors
Kalshi secured a license to offer margin trading to professional clients, aiming to attract institutional investors.Summary
Prediction market platform Kalshi has received clearance to offer margin trading to its professional clients through its affiliate, Kinetic Markets, which was granted a license to operate as a futures commission merchant by the National Futures Association. This feature, which allows investors to use less upfront capital, is a significant departure from traditional prediction markets that require fully collateralized positions and is intended to make Kalshi more appealing to institutional investors. Before the margin feature goes live, Kalshi still requires approval from the Commodity Futures Trading Commission (CFTC) regarding rule changes necessary for trading without full upfront collateral. This development occurs amid growing trading volumes in the prediction market industry, which recently saw Kalshi raise over $1 billion in funding.
(Source：CoinDesk)