Kalshi Opens Washington, D.C. Office and Hires Policy Veterans as Trading Volume Hits $6.58 Billion
Prediction markets operator Kalshi has opened an office in Washington, D.C. and brought in veteran policymakers to expand its work with federal and state regulators. The CFTC-regulated platform reported $6.58 billion in trading volume in December and faces ongoing legal and regulatory challenges over its sports-linked contracts in several U.S. states.