The rise of events-based trading: Leveraging the wisdom of crowds

Regulatory shifts and a decisive court win for Kalshi have put US prediction markets back in play. With event-based contracts edging closer to the mainstream, venues are racing to deliver futures-grade technology capable of handling surging liquidity, real-time pricing, and the scalability demands of high-stakes speculation, writes Sergey Samushin, head of exchange solutions, Devexperts.