Kalshi's Head of Crypto Jokingly Claims "We Are Not a Crypto Company," While Crypto Accounts for 70% of the Prediction Market
According to Foresight News, John Wang, Head of Crypto at Kalshi, posted in a self-deprecating tone: "Kalshi is not a cryptocurrency company. We are merely the first regulated platform in the United States legally offering crypto perpetual contract trading; we hold a 70% market share of trading volume in crypto prediction markets, making it our second largest category; we serve as the liquidity layer for a certain exchange and Phantom frontend; we only accept cryptocurrency for international deposits. Yes, Kalshi is not a cryptocurrency company."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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