Everything is gambling now: the latest news on prediction markets like Polymarket and Kalshi
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Presidential betting platform Kalshi loads up on debt.
The startup has received “tens of millions from investors in short-term loans“ to make sure it can cover election bets:
Like most brokerages, the company offers instant funding to new users. This means users can start trading right away, even though it may take two to three business days for the funds to be officially transferred from the customer’s bank account to Kalshi’s.
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