Kalshi to allow trading on borrowed funds
4 hours ago
- Kalshi will offer margin loans only for categories like elections and commodities, excluding sports, mentions, and culture bets.
- This move targets institutional investors who want to wager on or hedge against major global events.
- Kalshi and Polymarket face a choice: becoming key players in financial markets or remaining betting platforms for speculative events.
- Kalshi's decision suggests it aims to serve serious hedging needs (e.g., AI compute pricing, lumber risk, portfolio management), while Polymarket still needs to mature.