Kalshi completes its first customized block trade, with Jump providing liquidity

Odaily news, Kalshi CEO Tarek Mansour stated on X, citing a Bloomberg report, 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 a Houston-based environmental hedge fund, which sought exposure to a contract tracking whether a specific price will be realized at California's May carbon emissions allowance auction.

Mansour commented on this, stating that institutional applications of prediction markets could represent a $10-15 trillion market, with growth potential possibly even greater, depending on how widely they popularize products currently exclusive to Wall Street.