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Kalshi Crosses $1 Billion in Perpetual Futures Volume Within a Week, Launches Insider Trading Safeguards

GateNews
Prediction MarketDerivatives Data
KALSHI12.44%

According to CNBC, prediction market platform Kalshi announced yesterday that it will require traders to verify their employment information in certain cases and introduce enhanced whistleblower features to combat insider trading concerns. The platform will now provide a risk score for markets with potential for manipulation or insider trading, triggering employment verification if the score meets a certain threshold.

Kalshi also disclosed that its perpetual futures offering crossed the $1 billion volume mark within a week of launch. CEO Tarek Mansour told CNBC that the rollout results have been "incredible."

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