Kalshi Develops Niche Prediction Contracts to Attract Large Institutional Investors

Prediction market platform Kalshi is developing new contracts to attract large funds and corporate clients as it seeks to compete with traditional financial markets. According to Odaily, the company hopes institutional investors will use prediction markets to hedge potential losses and is exploring products in niche areas such as legal claims. Investors could buy claims at a discount and bet that their value will rise if related cases are settled.