Kalshi requested CFTC approval to offer margin loans to users for prediction market trading, but will exclude sports, mentions, and culture bets. The move targets institutional investors interested in hedging global events like elections and commodity prices, positioning Kalshi as a financial markets platform rather than a casual betting venue.
Kalshi filed with the CFTC to offer margin trading on its event contracts, joining rivals like Polymarket in seeking regulatory approval for leverage on prediction markets. The move aims to attract institutional liquidity by enabling traders to borrow funds for larger positions, a standard practice in traditional equities and derivatives markets. Kalshi plans to restrict margin access to longer-dated contracts and exclude sports and culture-related markets.
Yahoo Finance has ended its partnership with Polymarket, a prediction market platform, after the hub displaying probability data for economic and market outcomes was taken down in April. The agreement, which began in November, concluded as part of Yahoo's broader shift in how it sources prediction market data, though Polymarket remains an advertising partner.