Kalshi Targets Institutional Clients With New Prediction Contracts, Including Legal Claims

Cointime update: Prediction market platform Kalshi is developing new contract types to attract large funds and corporate clients, aiming to become a significant competitor in traditional financial markets. Kalshi wants institutional investors to use prediction markets to hedge potential losses and is exploring contracts in niche financial areas such as legal claims. For example, investors could buy a legal claim at a discount and bet that its value will rise if the case settles.