Incredible report. I loved the part on how companies can hedge on their own stock using PMs.
Would be interesting to understand the dynamics of the war against sportsbooks like DraftKings and regulators. Would regulations catch up to Kalshi since they're effectively becoming more of a sports betting platform (see: parlays just launched)? Or would platforms like Robinhood or Fanduel who own their own users take meaningful market share away from the duopoly?
Robinhood partnered with Kalshi and contributed significantly to the platform's sports betting volume. This integration meant that Kalshi would get the user base of Robinhood, which is pretty huge. Also, Kalshi recently launched Parlays (Combo), which can attract the audience who want to leverage bet, but at the same time, regulators can catch up with Kalshi regarding this.
Lovely report on PMs
Can tell you that majority of the problems we have with current PM products are already been solved.
Appreciate you mentioning XO Market, would love to chat more about our product and the solutions we bring
Incredible report. I loved the part on how companies can hedge on their own stock using PMs.
Would be interesting to understand the dynamics of the war against sportsbooks like DraftKings and regulators. Would regulations catch up to Kalshi since they're effectively becoming more of a sports betting platform (see: parlays just launched)? Or would platforms like Robinhood or Fanduel who own their own users take meaningful market share away from the duopoly?
Robinhood partnered with Kalshi and contributed significantly to the platform's sports betting volume. This integration meant that Kalshi would get the user base of Robinhood, which is pretty huge. Also, Kalshi recently launched Parlays (Combo), which can attract the audience who want to leverage bet, but at the same time, regulators can catch up with Kalshi regarding this.