Prediction market operator Kalshi has raised $1 billion in a Series F round that values the company at $22 billion, highlighting how quickly event contracts and digital asset infrastructure are moving into mainstream finance.
Singapore Summit: Meet the top APAC brokers you know (and those you don’t know yet!)
The deal goes down as well Institutional trading
Institutional trading
Institutional trading can be described as individuals or entities that have the ability to invest in securities that are not available to retail traders directly. This includes specific investments such as foreign exchange futures or foreign exchange swaps, among others. There are many types of players in the institutional trading space. These include central banks, retail banks, commercial banks, Internet banks, credit unions, savings and loan associations, investment banks, investment companies, brokerage firms, and insurance companies.
Institutional trading can be described as individuals or entities that have the ability to invest in securities that are not available to retail traders directly. This includes specific investments such as foreign exchange futures or foreign exchange swaps, among others. There are many types of players in the institutional trading space. These include central banks, retail banks, commercial banks, Internet banks, credit unions, savings and loan associations, investment banks, investment companies, brokerage firms, and insurance companies.
Read this term On the platform, recruitment of digital assets at large banks is accelerating, even as companies operating in the cryptocurrency space face a weaker labor market.
According to Thursday’s announcement, Quato is leading the latest funding round, with participation from investors including Sequoia Capital, Andreessen Horowitz, IVP, Paradigm, Morgan Stanley and ARK Invest. Calci’s institutional activity has risen sharply in recent months. Over the past six months, institutional trading volume on the platform has increased by approximately 800%.
JUST IN: JPMorgan, Morgan Stanley, and BlackRock are now hiring for dozens of cryptocurrency jobs
-Kalshi (@Kalshi) May 7, 2026
During the same period, annual trading volume more than tripled, from about $52 billion to $178 billion. The company now accounts for more than 90% of forecasting market activity in the United States and also holds a majority share of global volume in this sector.
Calci plans to use the new capital to expand its presence among hedge funds, asset managers, private trading firms and insurance companies. The company aims to deepen the adoption of event contracts as tools to hedge real-world risks and to extract ongoing market-based signals on future outcomes.
Continue reading: Kalci’s legal argument has been tested as courts investigate the “exchange” classification.
It intends to expand end-to-end trading capabilities, roll out risk-focused products, and build deeper integrations with brokers to better match institutional workflows. The growth trajectory reflects a broader view among supporters that event contracts could develop into a market measured in trillions of dollars, with current activity still in the early stages of this transformation.
Banks are ramping up hiring for high-paying cryptocurrencies
Meanwhile, major Wall Street firms are ramping up hiring for digital asset roles that blend blockchain and traditional financial expertise.
according to BloombergRecently, organizations such as JP Morgan, Morgan Stanley, BlackRock, Bank of America, Fidelity, Bank of New York Mellon, and Nasdaq have posted roles in engineering, products, and services. compliance
compliance
In finance, banking, investment, and insurance, compliance refers to following rules or orders set by a government regulatory authority, either to provide a service or process a transaction. Compliance with regard to financing will also be a case of following established guidelines or specifications. This classification can also include efforts to ensure organizations comply with industry regulations and government legislation. Understanding ComplianceCompliance is
In finance, banking, investment, and insurance, compliance refers to following rules or orders set by a government regulatory authority, either to provide a service or process a transaction. Compliance with regard to financing will also be a case of following established guidelines or specifications. This classification can also include efforts to ensure organizations comply with industry regulations and government legislation. Understanding ComplianceCompliance is
Read this term For digital asset platforms, tokenization projects and exchange-traded products.
Wall Street Firms Post Dozens of Cryptocurrency Jobs: Bloomberg pic.twitter.com/6gIUsrprak
– Matthew Siegel, Recovering CFA (@matthew_sigel) May 7, 2026
Many of these jobs offer base salaries in the $200,000 range or higher, before bonuses. Job descriptions often call for six to eight years of experience in areas such as investment banking, corporate development, or private equity, along with knowledge of cryptocurrencies and…
Distributed ledger technology.
In contrast, companies operating in the cryptocurrency space still face a softer labor market. Job postings tracked by an industry association fell about 25% from November levels, to about 2,200 jobs, compared with more than 5,000 jobs at the peak of the bull market in 2022. Some major stock exchanges have announced new rounds of layoffs in recent months.
Against this backdrop, recruitment firms focused on both digital assets and traditional finance are reporting an increase in mandates from banks and asset managers who want candidates who can work within established governance and oversight frameworks while building tokenization, custody and market infrastructure solutions.
Prediction market operator Kalshi has raised $1 billion in a Series F round that values the company at $22 billion, highlighting how quickly event contracts and digital asset infrastructure are moving into mainstream finance.
Singapore Summit: Meet the top APAC brokers you know (and those you don’t know yet!)
The deal goes down as well Institutional trading
Institutional trading
Institutional trading can be described as individuals or entities that have the ability to invest in securities that are not available to retail traders directly. This includes specific investments such as foreign exchange futures or foreign exchange swaps, among others. There are many types of players in the institutional trading space. These include central banks, retail banks, commercial banks, Internet banks, credit unions, savings and loan associations, investment banks, investment companies, brokerage firms, and insurance companies.
Institutional trading can be described as individuals or entities that have the ability to invest in securities that are not available to retail traders directly. This includes specific investments such as foreign exchange futures or foreign exchange swaps, among others. There are many types of players in the institutional trading space. These include central banks, retail banks, commercial banks, Internet banks, credit unions, savings and loan associations, investment banks, investment companies, brokerage firms, and insurance companies.
Read this term On the platform, recruitment of digital assets at large banks is accelerating, even as companies operating in the cryptocurrency space face a weaker labor market.
According to Thursday’s announcement, Quato is leading the latest funding round, with participation from investors including Sequoia Capital, Andreessen Horowitz, IVP, Paradigm, Morgan Stanley and ARK Invest. Calci’s institutional activity has risen sharply in recent months. Over the past six months, institutional trading volume on the platform has increased by approximately 800%.
JUST IN: JPMorgan, Morgan Stanley, and BlackRock are now hiring for dozens of cryptocurrency jobs
-Kalshi (@Kalshi) May 7, 2026
During the same period, annual trading volume more than tripled, from about $52 billion to $178 billion. The company now accounts for more than 90% of forecasting market activity in the United States and also holds a majority share of global volume in this sector.
Calci plans to use the new capital to expand its presence among hedge funds, asset managers, private trading firms and insurance companies. The company aims to deepen the adoption of event contracts as tools to hedge real-world risks and to extract ongoing market-based signals on future outcomes.
Continue reading: Kalci’s legal argument has been tested as courts investigate the “exchange” classification.
It intends to expand end-to-end trading capabilities, roll out risk-focused products, and build deeper integrations with brokers to better match institutional workflows. The growth trajectory reflects a broader view among supporters that event contracts could develop into a market measured in trillions of dollars, with current activity still in the early stages of this transformation.
Banks are ramping up hiring for high-paying cryptocurrencies
Meanwhile, major Wall Street firms are ramping up hiring for digital asset roles that blend blockchain and traditional financial expertise.
according to BloombergRecently, organizations such as JP Morgan, Morgan Stanley, BlackRock, Bank of America, Fidelity, Bank of New York Mellon, and Nasdaq have posted roles in engineering, products, and services. compliance
compliance
In finance, banking, investment, and insurance, compliance refers to following rules or orders set by a government regulatory authority, either to provide a service or process a transaction. Compliance with regard to financing will also be a case of following established guidelines or specifications. This classification can also include efforts to ensure organizations comply with industry regulations and government legislation. Understanding ComplianceCompliance is
In finance, banking, investment, and insurance, compliance refers to following rules or orders set by a government regulatory authority, either to provide a service or process a transaction. Compliance with regard to financing will also be a case of following established guidelines or specifications. This classification can also include efforts to ensure organizations comply with industry regulations and government legislation. Understanding ComplianceCompliance is
Read this term For digital asset platforms, tokenization projects and exchange-traded products.
Wall Street Firms Post Dozens of Cryptocurrency Jobs: Bloomberg pic.twitter.com/6gIUsrprak
– Matthew Siegel, Recovering CFA (@matthew_sigel) May 7, 2026
Many of these jobs offer base salaries in the $200,000 range or higher, before bonuses. Job descriptions often call for six to eight years of experience in areas such as investment banking, corporate development, or private equity, along with knowledge of cryptocurrencies and…
Distributed ledger technology.
In contrast, companies operating in the cryptocurrency space still face a softer labor market. Job postings tracked by an industry association fell about 25% from November levels, to about 2,200 jobs, compared with more than 5,000 jobs at the peak of the bull market in 2022. Some major stock exchanges have announced new rounds of layoffs in recent months.
Against this backdrop, recruitment firms focused on both digital assets and traditional finance are reporting an increase in mandates from banks and asset managers who want candidates who can work within established governance and oversight frameworks while building tokenization, custody and market infrastructure solutions.
