From e9a219218c050ce3bce24f7802c36ef778c71f1c Mon Sep 17 00:00:00 2001 From: Teleo Agents Date: Mon, 16 Mar 2026 13:03:24 +0000 Subject: [PATCH] entity-batch: update 1 entities - Applied 1 entity operations from queue - Files: entities/internet-finance/kalshi.md Pentagon-Agent: Epimetheus <968B2991-E2DF-4006-B962-F5B0A0CC8ACA> --- entities/internet-finance/kalshi.md | 1 + 1 file changed, 1 insertion(+) diff --git a/entities/internet-finance/kalshi.md b/entities/internet-finance/kalshi.md index c1d10657..e9708a83 100644 --- a/entities/internet-finance/kalshi.md +++ b/entities/internet-finance/kalshi.md @@ -43,6 +43,7 @@ CFTC-designated contract market for event-based trading. USD-denominated, KYC-re - **2026-01-XX** — Targeting $20B valuation alongside Polymarket as prediction market duopoly emerges - **2025-XX-XX** — Positioned for retail adoption through traditional broker integration with native CFTC approval +- **2026-02-19** — Tennessee federal court ruled in Kalshi's favor, finding sports contracts are 'swaps' under CEA exclusive jurisdiction and conflict preemption applies. Circuit split emerges as Nevada, Massachusetts, and Maryland courts rule against federal preemption. ## Competitive Position - **Regulation-first**: Only CFTC-designated prediction market exchange. Institutional credibility. - **vs Polymarket**: Different market — Kalshi targets mainstream/institutional users who won't touch crypto. Polymarket targets crypto-native users who want permissionless market creation. Both grew massively post-2024 election.