Kalshi Prediction Markets Surge to $1 Billion Monthly Volume as State Regulators Circle
Prediction markets just hit escape velocity—Kalshi's platforms now process a staggering $1 billion monthly as regulatory scrutiny intensifies.
The Regulatory Chess Match
State watchdogs eye the booming prediction space with classic bureaucratic suspicion—nothing disrupts innovation like regulators playing catch-up with a billion-dollar industry they don't fully understand. Kalshi's growth trajectory mirrors crypto's early defiance, proving markets crave real-world event exposure beyond traditional finance's stale offerings.
Wall Street's predictable hand-wringing about 'retail protection' echoes their same tired arguments against Bitcoin years ago—meanwhile, decentralized prediction markets keep quietly eating their lunch.