Prediction market Kalshi seeks US approval to offer margin trading

According to Bijie Network, prediction market platform Kalshi is seeking approval from the US Commodity Futures Trading Commission (CFTC) to launch margin trading, aiming to attract institutional investors who require leverage. The company has been in discussions with regulators for several months. If approved, margin trading will initially be available only to institutional investors, not retail investors, to meet the key needs of hedge funds for higher liquidity and flexibility. This move highlights the evolution of prediction markets into mature financial venues. Kalshi also announced the establishment of a new regulatory committee responsible for issuing quarterly suspicious activity reports, distinguishing itself from its offshore competitor Polymarket.