Courtroom Ends Pause on Kalshi’s Congressional Contracts

Whereas it has been combating the company in courtroom, the New York-based firm, which settles bets in {dollars}, has watched crypto-powered rival Polymarket, which is barred from doing enterprise within the U.S., nonetheless rack up file volumes throughout this election 12 months. Over $1 billion alone has been staked on Polymarket’s contract on who will win the presidency.