Tarek Mansour@mansourtarek_Kalshi recently raised $300M+ at $5B from Sequoia, a16z, Paradigm and others. Since then, we've grown over 3x, hit $50B of annualized volume, and became the largest prediction market in the world. And today…Kalshi goes global. 140+ countries. 1 liquidity pool.Opens with a number
Tarek Mansour@mansourtarek_Casino lobby hard at work. There is a reason tens of millions of people use regulated prediction markets: it’s a better product. Banning just pushes this offshore, where no regulation exists. This bill isn’t about protecting consumers; it’s about protecting monopolies.Opens with an observation
Tarek Mansour@mansourtarek_The Citrini report caused a market sell off. But Citadel and others published rebuttals. Pricing the likelihood of this AI doomsday scenario could decrease uncertainty in the broader market and make asset prices more efficient. Kalshi has it at 11%. t.coOpens with an observation