Super Bowl Trading Explodes To $1 Billion! Is This The Future?
Did you know over a billion dollars was traded on an event contract platform during the Super Bowl? Kalshi, a regulated financial market, shattered its trading volume records, surpassing $1 billion on Super Bowl Sunday, a staggering 2,700% increase year-over-year. This incredible surge was driven by bets on everything from halftime performances to game outcomes, making Kalshi a surprise advertising powerhouse. Despite some initial deposit delays due to extreme traffic, the platform, overseen by the Commodity Futures Trading Commission, is actively combating insider trading concerns, similar to traditional stock exchanges. Subscribe now for more groundbreaking financial news!
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