Prediction market operator Kalshi said it had launched a new hub for tracking the U.S. midterm elections, offering users real-time election forecasts alongside polling, fundraising and historical election data.
The New York-based company said the hub will provide a market-based view of election races using prices from prediction markets, where traders buy and sell contracts tied to political outcomes.
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Here are some details:
Kalshi said its prices reflect the views of traders willing to risk money on an outcome rather than voters' stated preferences.
Hub is intended to serve as a one-stop resource for voters, journalists, campaigns, policymakers and researchers seeking election forecasts.
The launch comes as prediction markets have grown rapidly since the 2024 U.S. presidential election.
Prediction markets provide a real-time view of traders' expectations, though critics say prices could be influenced by speculative trading and potential insider information.
The hub includes live prediction markets for Senate, House and Governor races, polling averages from VoteHub, Federal Election Commission fundraising data, historical election results and campaign news and analysis.
The company is marking the launch with an event in Washington, D.C., featuring political strategists and a live demonstration of the platform.
