Kalshi Crypto Business Lead: Cryptocurrency Accounts for 70% of Platform Prediction Market Trading Volume
2026-05-30 07:18
Odaily Planet Daily News: John Wang, head of Kalshi's crypto business, posted on X platform, saying in a joking tone that "Kalshi is not a cryptocurrency company."
John Wang stated that Kalshi is the first regulated platform in the United States to legally offer crypto perpetual contract trading; cryptocurrency-related prediction market trading volume accounts for approximately 70% of the platform's total trading volume, making it the second-largest business category. Meanwhile, Kalshi also serves as a liquidity layer for Coinbase and Phantom's frontend, and only accepts cryptocurrency for international deposits.
He once again joked at the end: "That's right, Kalshi is not a cryptocurrency company."
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