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Prediction market platforms Kalshi and Polymarket differ on regulation and settlement

Prediction market platforms that let users trade on the likelihood of real-world events are drawing attention, with differences between Kalshi and Polymarket shaping user experience and risk. While their basic structures are similar, they diverge in regulatory status, trading method, market listings and how outcomes are finalised. Kalshi operates as a regulated U.S. platform, while Polymarket runs mainly through overseas entities and uses blockchain-based, publicly visible transactions.