---
type: entity
entity_type: person
name: John Wang
role: Head of Crypto, Kalshi
affiliations: [Kalshi, Hyperliquid]
domain: internet-finance
---

# John Wang

**Role:** Head of Crypto at Kalshi

## Overview

John Wang serves as head of crypto at Kalshi, a CFTC-registered Designated Contract Market (DCM) for prediction markets. In March 2026, Wang co-authored Hyperliquid's HIP-4 proposal for outcome contracts, creating a notable regulatory structure where a regulated DCM executive contributes market design to an offshore decentralized platform.

## Timeline

- **2026-03-XX** — Co-authored Hyperliquid HIP-4 outcome contracts proposal with Hyperliquid team

## Significance

Wang's dual involvement with Kalshi (regulated US DCM) and Hyperliquid (offshore decentralized platform) represents a novel form of regulatory arbitrage where the same market design expertise serves both regulated and unregulated jurisdictions through separate legal structures.