Kalshi reposted this
We held the inaugural Kalshi Research Conference last week in NYC. This conference was the first-ever research gathering built around a large scale and liquid prediction market. Large institutions, researchers and traders came together around a single question: how do markets tell us what comes next? For years, work in this space was constrained by thin markets, regulatory uncertainty, and purely academic environments. Now there is a live system producing continuous, high-frequency signal that researchers and institutions can actually use and build around. There is still a lot of open work. How should these markets be interpreted? Where are they most reliable? When are they least reliable? How do they integrate into decision-making at scale? How will the accelerating institutional adoption shape them and change crowd belief? Why is Main Street outperforming Wall Street? These questions were debated directly on stage by the people on the frontline, who are trading, building, and studying prediction markets. But the direction of travel is clear. The infrastructure now exists, and institutions are starting to organize around it. Huge thank you to Nicole Kagan and Jake Khorozian for bringing this event together. I can't wait for the next one.