Prediction market Kalshi sees trading volume surge to $24.2 billion during World Cup

Odaily Planet Daily News: U.S. prediction market platform Kalshi experienced explosive growth during the 2026 World Cup, with platform trading volume surging from $6.67 billion on June 22 to $24.2 billion on July 14. Trading volume for the single "World Cup Champion" prediction market exceeded $1.2 billion. Kalshi stated that its growth reflects a new trend in the AI era: as the volume of AI-generated content increases significantly, real, real-time, and non-replicable human interaction scenarios are becoming scarcer, and prediction markets are emerging as a new tool for observing public sentiment and collective judgment.

Meanwhile, Kalshi is seeking to transform from a sports prediction platform into the next-generation financial trading infrastructure. The company currently holds Designated Contract Market status recognized by the U.S. Commodity Futures Trading Commission (CFTC) and plans to cover more prediction areas including sports, geopolitics, culture, and the economy. (Fortune)