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- Kalshi has joined NetChoice, a prominent national technology trade association, signaling a strategic effort to elevate prediction markets into broader U.S. tech-policy and digital economy debates.
- In announcing the partnership, Kalshi explicitly drew a contrast between its peer-to-peer exchange model and traditional sportsbooks, reinforcing its ongoing push to be treated strictly as a federally regulated financial exchange rather than a gambling platform.
Kalshi has joined NetChoice, adding the prediction market operator to a national technology trade association as both groups say they want to support prediction markets as part of the US digital economy.
The announcement matters because it places Kalshi inside a broader policy coalition that engages lawmakers at the federal, state, and local levels. While the release does not outline any specific policy campaign, it signals that prediction markets are seeking a larger role in tech-policy debates beyond their usual gambling-adjacent and financial-market framing.
What Kalshi and NetChoice said
NetChoice describes itself as a trade association focused on free enterprise, free expression, and innovation. Kalshi said the partnership will help support an environment where prediction markets can grow.
Kalshi CEO Tarek Mansour said, “America has always been at its best when entrepreneurs have the freedom to innovate and consumers have the freedom to choose.” He added, “That’s why we’re proud to partner with NetChoice to protect those principles and ensure Americans can participate in the next generation of financial markets.”
NetChoice President and CEO Steve DelBianco said the group was “excited to welcome Kalshi as a member as we expand into new sectors of the digital economy.” He added that “prediction markets sit at the intersection” of free enterprise and free expression.
How Kalshi framed its business
The release described Kalshi as a federally regulated financial exchange and said the company operates a peer-to-peer model in which users trade directly with one another on future events. It also drew a contrast with sportsbooks, saying sportsbooks set odds and profit when customers lose.
That comparison is notable for gambling industry readers because Kalshi is continuing to define itself as a regulated exchange for event-based markets rather than a sportsbook.
Kalshi said it was founded in 2018 and called itself the first regulated exchange for events.
What was not disclosed
The announcement did not include any financial terms or other membership details. It also did not say that Kalshi’s regulatory status, product lineup, or day-to-day operations would change as a result of joining NetChoice.
Just as importantly, neither side identified a specific legislative or regulatory initiative they plan to pursue together. For now, the clearest takeaway is that Kalshi is aligning itself with a larger digital-economy advocacy group as prediction markets continue to seek a more established place in US policy discussions.
Source: As reported by news.google.com.
