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Partnering with S&P Dow Jones is a massive vote of confidence. Prediction markets went from niche hobby to institutional grade financial benchmarks.
🤝 Paid partnership
S&P Dow Jones Indices and Kalshi are joining forces to build the next generation of financial markets.
The Dow launched in 1896. The S&P 500 in 1957. The idea was simple: bring individual stocks together into a single benchmark, giving people a clearer view of the broader market.
Over time, products built around those benchmarks transformed investing. Index funds, ETFs, futures, and options gave investors ways to gain diversified market exposure and hedge broad market swings.
These indices became foundations of global finance. More than $20 trillion is indexed or benchmarked to the S&P 500 alone.
Today, this structure extends beyond stocks to bonds, commodities, currencies, and more.
The next step is to bring that structure to the events that shape everyone’s lives.
Through this partnership, S&P Dow Jones Indices and Kalshi will work together to create indices composed of Kalshi event contracts.
Think about what that opens up.
An index of political power. An index of supply chain risk. An index tracking AI’s impact on employment. An index of sports outcomes that affect broadcasters, advertisers, cities, and small businesses. An index of weather risks that shape harvests, energy demand, and business revenues.
Each would bundle event contracts into a single indicator, helping people understand how related risks are evolving.
Over time, products built around these indices could offer diversified exposure to those events and new ways to hedge their impact.
The events that shape our lives could become as easy to track and gain exposure to as the S&P 500.
dex 💫 retweeted
A very hard pill to swallow for many people is that the solution to AI creating potential fake news story might be to just check what prediction markets have to say about it
Regulate polls, not prediction markets. There’s no evidence that betting harms election integrity, but fake surveys have done so this year, write Harry Crane @HarryDCrane and @KolemanStrumpf
on.wsj.com/4i8zIKq
dex 💫 retweeted
Prediction markets are transparent, both in their incentives (people want to make money and avoid losing money) and their method (free markets aggregating millions of opinions).
Polls are not.
Regulate polls, not prediction markets. There’s no evidence that betting harms election integrity, but fake surveys have done so this year, write Harry Crane @HarryDCrane and @KolemanStrumpf
on.wsj.com/4i8zIKq
Polls ask people what they want.
Markets ask people what they expect.
🤝 Paid partnership
Prediction markets are more than people trading. They are becoming a reliable source of unbiased information.
Everyday people putting real money behind predictions have produced much more accurate forecasts.
Great read from Politico explaining how prediction markets may have surpassed traditional polling, while providing access to crucial data that is becoming the industry standard.
Anyone can access the data and gain insight into future elections.
Are we entering the era of prediction market elections?
dex 💫 retweeted
"Prediction markets reflect local knowledge of elections offered up not just by the politically knowledgeable and interested, but those willing to back their knowledge and viewpoints with their own money. Opinions are cheap, while knowledge backed by money is expensive. From money, crucial market signals emerge. Gambling this is not," writes @johntamny in @Forbes: forbes.com/sites/johntamny/2…
instead of the sportsbook setting the odds, prediction markets let buyers and sellers determine prices based on what they think will happen
🤝 Paid partnership
