Prediction marketplace Kalshi has launched new markets for betting on U.S. political events to sustain engagement following the Nov. 5 presidential election. The contracts address various outcomes, including how president-elect Donald Trump will staff his administration and the likelihood of his impeachment during his presidency. Bettors gravitated towards political prediction platforms as betting volumes related to the presidential race approached $4 billion. Kalshi's flagship market saw trading volumes exceeding $250 million by Nov. 5. Following a court ruling allowing them to operate, the platform quickly gained popularity and has plans for international betting markets as well. Political odds consistently favored Trump, who had a winning probability of around 58% before polls closed. The CFTC expressed concerns about the integrity of elections corresponding with prediction markets but acknowledged their potential to reflect public sentiment.

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