Kalshi completes first customized block trade, with Jump providing liquidity

Odaily Odaily reports that Kalshi CEO Tarek Mansour said on X, citing Bloomberg, that Kalshi has completed its first customized block trade, with Jump Trading providing liquidity support for the transaction. The trade was brokered by Greenlight Commodities this month and executed on behalf of an environmental hedge fund based in Houston, which sought exposure to a contract tracking "whether a specific price will be realized in California's May carbon emissions allowance auction."

Mansour commented on this, stating that the institutional application of prediction markets could be a $10-15 trillion market, with growth potential potentially even larger, depending on how extensively they popularize products currently exclusive to Wall Street.