--- type: entity entity_type: person name: John Wang role: Head of Crypto, Kalshi domain: internet-finance status: active supports: - Kalshi-Hyperliquid co-authorship creates regulatory arbitrage through market design licensing where DCM expertise is applied to offshore platforms that capture non-US markets reweave_edges: - Kalshi-Hyperliquid co-authorship creates regulatory arbitrage through market design licensing where DCM expertise is applied to offshore platforms that capture non-US markets|supports|2026-05-02 --- # John Wang **Role:** Head of Crypto at Kalshi ## Overview John Wang is Kalshi's Head of Crypto and co-author of Hyperliquid's HIP-4 'outcome contracts' specification, creating a regulatory arbitrage partnership where Kalshi's DCM market design expertise is applied to Hyperliquid's offshore platform. ## Timeline - **2026-04-30** — Co-authored Hyperliquid HIP-4 specification with Hyperliquid team, providing DCM-developed market design expertise for offshore event contract platform