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- Kalshi aims to revolutionize event betting by becoming the NYSE of real-world events.
- Securing regulatory approval was pivotal for Kalshi's journey, requiring persistent search for legal expertise.
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The Concept of Prediction Markets and Kalshe's Vision
Prediction markets aggregating various future predictions are sought after for their diverse insights. Kalshe.co, essentially an exchange for real-world event bets, aims to become the NYSE of real events. Kalshe received regulatory approval, offering ordinary individuals opportunities to bet on events like congressional bills. Inspired by trading desks, co-founders created Kalshe to revolutionize event trading.
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