Kalshi is a federally regulated financial exchange that enables users to trade on the outcomes of future events. Backed by the Commodity Futures Trading Commission (CFTC), it offers a new asset class where market participants can hedge risks or express views based on real-world developments. Founded in 2018, Kalshi aims to bring transparency, accessibility, and innovation to the intersection of finance and information, providing a unique way to engage with economic, political, and social uncertainty through event-based contracts.