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Kalshi crypto business lead: Cryptocurrency already accounts for 70% of platform prediction market trading volume

2026-05-30 07:18

Odaily Planet Daily News: Kalshi's crypto business lead John Wang 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 futures 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. Additionally, Kalshi serves as a liquidity layer for Coinbase and Phantom frontends and only accepts cryptocurrency for international deposits.

He then joked again: "Yes, Kalshi is not a cryptocurrency company."

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