Kalshi completes its first customized block trade, with liquidity provided by Jump

Kalshi CEO Tarek Mansour cited a Bloomberg report on X stating that Kalshi has completed its first customized block trade, with Jump Trading providing liquidity support for the transaction. This trade was facilitated by Greenlight Commodities this month, representing an environmentally-focused hedge fund based in Houston that seeks exposure to a contract tracking whether a specific price will be realized in the carbon emissions allowance auction taking place in California in May.

Mansour stated that the institutional application of prediction markets could be a $10-15 trillion market, with even greater growth potential depending on how widely they are adopted compared to products currently exclusive to Wall Street.