Discover more from DailyDropout.FYI
🚀 Kalshi: Hedge life with event contracts
Trade on real life events
🚀 A special message from Brilliant
The best time to level up on AI was yesterday. The second best time? Right now. With Brilliant, you can master AI concepts in just 15 minutes a day. Forget spending hours watching videos or dropping thousands on a course—Brilliant's bite-size, interactive lessons were built for modern learners who want to level up fast on skills they can put to work. Start your 30-day free trial today.
Have a hunch on who will win the grammy? What the temperature will be in NYC tomorrow? What the Fed interest rates will be? If so, this week’s startup Kalshi is for you.
⚾ The Elevator Pitch
Trading has never been more accessible – and amateur traders and HODLers have shown their strength in the recent years. But for many, the stock market is a difficult and unfamiliar game to play. Kalshi is disrupting the trading space with event contracts. Now, anyone can trade on topics familiar to all of us: real world events.
👇 The Drop Down
Stage: Series A
Tech Trend: Fintech
Traction: 1st federally regulated exchange, backed by Sequoia, Charles Schwab, YC
Team: Ex-Citadel quant traders, MIT grads
🔍 Why we like it
🏦 Market disrupter? More like market maker
Kalshi’s event contracts opens up an entirely new field of trading options for investors. This opens a new chapter in U.S. financial history, one where individuals can hedge and mitigate everyday risks.
✅ CFTC approval. It’s a big deal.
Kalshi has already begun building a moat around their business with a CFTC approval, designating Kalshi as a contract market. Their next step is approval for regulated political markets.
🌱 Growing financial literacy
Resources to gain financial literacy has never been more accessible. People are looking to diversify and expand their streams of revenue and Kalshi is providing a major new opportunity.