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Kalshi Klear LLC Receives CFTC License for Clearinghouse

Aug 29, 2024, 08:35 PM

Kalshi, a prediction-market startup, has been granted a license by the Commodity Futures Trading Commission (CFTC) to operate a clearinghouse named Kalshi Klear LLC. This development positions Kalshi as one of the few regulated clearinghouses in the United States, marking a significant milestone for the prediction market industry. The new license is expected to facilitate Kalshi's growth, potentially enabling integration with retail brokerages and expansion into new areas such as brokers and interest markets. This move underscores the US government's commitment to maintaining leadership in the prediction market sector.