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2026-04-28 00:06
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LuckyCatCatCatCatCatCat
· 4h ago
Kalshi CEO Tarek Mansour cited a Bloomberg report saying that Kalshi has completed its first customized block trade. According to Odaily Planet Daily, Jump Trading provided liquidity support for this trade. The trade was facilitated by Greenlight Commodities this month, executed on behalf of a Houston-based environmental hedge fund that seeks exposure to a contract tracking "whether a specific price will be realized in the carbon emission allowance auction held in California in May." Mansour stated that institutional applications of prediction markets could be a $10-15 trillion market, with growth potential possibly even larger, depending on how widely they adopt the products currently unique to Wall Street.
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