Kalshi

The first federally regulated exchange dedicated to trading on event outcomes.

About

Founded

2018

Headquarters

San Francisco, California

Industry

Fintech

Company Description

The first US federally regulated exchange where you can trade on the outcome of any event. Kalshi’s historical regulatory approval from the CFTC enables it to offer a new asset class called “event contracts,” which allow traders to take positions on whether a future event will happen or not. Kalshi aims to enable investors to trade on almost anything with economic relevance from Covid numbers to whether a bill will pass in Congress, broadening the historical definition of what a commodity derivative is and paving the way for the futures market to catch up to the novel risks facing the economy today.

Quick Links

WebsiteJobs

Funding

Total Raised

$30.2 million

Valuation

Undisclosed

Significant Investors

Sequoia Capital, Y Combinator, Charles Schwab, Neo, SV Angel

Company Traction

  • As of May 2023, Kalshi’s numbers are 300+ regulated markets, 120,000,000+ contracts traded, and 4,000,000+ open interest.
  • As of May 2023, examples of trades you can make on the platform include Fed interest rates above 5.25%, debt ceiling hike becoming law by June 1st, and US GDP growth above 1.4%.

Leadership Team

  • Tarek Mansour: Co-Founder of Kalshi. Former Forward Deployed Software Engineer at Palantir.
  • Luana Lopes Lara: Co-Founder of Kalshi. Former Quantitative Trader at Citadel Securities.
  • Eliezer Mishory: Chief Regulatory Officer and General Counsel at Kalshi. Former Special Counsel to Commissioner Quintenz at US Commodity Futures Trading Commission.
  • Samantha Braun: VP of Business Development at Kalshi. Former Operations, Uber Eats at Uber.
  • Weisi Duan: Head of Engineering at Kalshi. Former Engineering at Robinhood.

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