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Inside Kalshi's plan to attract Wall Street traders

2026-07-22 85 Dailymotion

Prediction market platform Kalshi has grown into a multi-billion-dollar business thanks to retail traders putting money on everything from election outcomes to reality TV winners. But now the company wants institutional investors — think hedge funds and brokerage firms — to use the platform. Why the push, and will it work? BI's Dan DeFrancesco sits down with Kalshi's Head of Institutional, Andy Ross.