Kalshi attracts institutional investors

Prediction market platforms, notably Kalshi>>>, are aggressively pursuing institutional investors and hedge funds to expand their client base beyond retail traders. Kalshi>>> has already executed its first customized block trade and reported an 800% increase in institutional trading volumes over the past six months, with annualized trading volumes tripling to $178 billion. Partnerships with brokers like Clear Street>>> and efforts by firms like Jump Trading>>> and Marex Group>>> are facilitating institutional access. However, concerns about liquidity remain a significant hurdle, as highlighted by experts like Asaf Meir>>> of Solidus Labs>>> and Edward Ridgely>>> of Stand>>>. Despite these challenges, companies like AQR Capital Management>>>, Susquehanna International Group>>>, and OKX>>> are showing interest by advertising roles for prediction market traders, indicating a growing recognition of prediction markets as a legitimate alternative asset class for risk hedging.