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Kalshi hits $17B in May trading, now targeting institutional investors for growth.

Market News
01 Jun 2026
CNBC
View Source
Bullish
Kalshi hits $17B in May trading, now targeting institutional investors for growth.

Kalshi, the largest U.S. prediction market platform, processed over $17 billion in trading contracts in May, driven mainly by retail traders. In 2026, the company is shifting focus to attract institutional investors by enhancing infrastructure, partnerships, and regulatory compliance to support large-scale trading. Institutions are interested in using Kalshi for hedging risks related to elections, weather, and macroeconomic events. While skepticism remains about institutional demand, Kalshi's recent block trade and partnerships signal growing acceptance, potentially increasing liquidity and benefits for all traders.

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