Full-Time
Confirmed live in the last 24 hours
Regulated exchange for event contracts trading
$100k - $180kAnnually
Senior
New York, NY, USA
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Kalshi operates a regulated exchange where traders can speculate on the outcomes of various events through a unique financial product called 'event contracts.' These contracts allow investors to bet on whether specific future events will happen, such as changes in Covid-19 statistics or legislative decisions in Congress. The platform expands the traditional futures market by addressing new types of economic risks. Kalshi caters to both individual investors and institutional traders who are looking to hedge against or speculate on significant events. The company earns revenue by charging transaction fees on trades made on its platform. Kalshi stands out from its competitors by being the first exchange in the U.S. to receive regulatory approval from the Commodity Futures Trading Commission (CFTC) for this type of trading.
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$29.3M
Headquarters
New York City, New York
Founded
2019
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Company Equity
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Kalshi, a Silicon Valley-based online exchange that lets users trade on the outcome of real-world events, has raised $30 million in a Series A funding round led by Sequoia Capital.
Kalshi, a San Francisco, CA-based federally regulated exchange dedicated to trading on event outcomes, raised $30m in Series A funding. The round was led by Sequoia Capital with participation from Charles Schwab, chairman of Charles Schwab Corporation, Henry Kravis, co-chairman & co-CEO of KKR, SV Angel and previous investors including Neo and YC Continuity. The […]