Kalshi has listed event contracts for betting on the outcome of the US election, marking the first time an election prediction market has been allowed to operate in the US

Tarek Mansour, founder of derivatives exchange Kalshi, posted on X that Kalshi has listed event contracts for betting on the results of the US election after winning a landmark court battle in September. Mansour said: "Users can now legally trade the US presidential election, degree of victory, state winners, and more." This marks the first time that the election prediction market has been allowed to operate in the United States, and paves the way for other participants to enter the competition, including Web3 platforms such as Polymarket. (Cointelegraph) Previous news, according to a court ruling on October 2, despite opposition from regulators, the US Federal Court of Appeals approved the derivatives exchange Kalshi to list event contracts related to the results of the US election.