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🚀 Kalshi: Hedge life with event contracts

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🚀 Kalshi: Hedge life with event contracts

Trade on real life events

DailyDropout.FYI
May 18, 2023
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🚀 Kalshi: Hedge life with event contracts

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🚀 A special message from Brilliant

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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.

Kalshi Raises $30 Million in Series A Funding Led by Sequoia | Business Wire

⚾ 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

Site: https://kalshi.com/

Founded: 2018

Stage: Series A

Tech Trend: Fintech

Traction: 1st federally regulated exchange, backed by Sequoia, Charles Schwab, YC

Team: Ex-Citadel quant traders, MIT grads

Tarek Mansour, Luana Lopes Lara

🔍 Why we like it

  1. 🏦 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.

  2. ✅ 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.

  3. 🌱 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.

🤝 Get Involved with Kalshi

  • Start trading now

  • Read their blog

  • They are hiring

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