Kalshi CEO: Predicting the market is not gambling; it's about using prices to track the truth.
2026-08-23 23:11:30
According to CoinMeta, Kalshi CEO Tarek Mansour stated in an interview with The New York Times that the value of predicting markets lies in transforming subjective debates into tradable and quantifiable probability systems. Currently, sports trading accounts for about two-thirds of Kalshi's business, with categories such as politics, crypto, and macroeconomics also seeing growth. However, the platform still faces regulatory lawsuits from multiple states, doubts about insider trading, and controversies regarding "indirect gambling." Mansour emphasized that Kalshi chooses to operate in compliance and considers Robinhood, CME, Coinbase, YingTou (a financial platform), and banks as potential competitors in the future. Whether the predicting market can continue to expand depends on regulatory boundaries, market risk control, and user trust.
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