Kalshi CEO Tarek on Hedging + New Partnership with Sports Insurance Broker Game Point Capital > Kalshi has announced a partnership with sports insurance broker Game Point Capital. > Tarek says sports insurers are increasingly using exchange markets instead of OTC reinsurance to hedge team and player performance bonus risks more cheaply and transparently. > Game Point Capital is using Kalshi's prediction markets to hedge team performance bonus contracts at lower costs ((6% vs 12-13% OTC)) than traditional reinsurers like Lloyd's of London
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$STRK — bearish 🙃 • Spot Vol Bubble Map: FOMO still isn’t over, even though price keeps dropping. • Spot Retail Activity (Trading Frequency Surge): too much retail activity at this level (demand is there), but price is still weak → demand can’t absorb the supply. When both signals show up like this, distribution usually continues — and it can get even more aggressive.😭
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Multicoin Capital Announce Investment in $ENA > “We believe that the opportunity for synthetic dollars is massive.” > “Ethena sits at the intersection of the three largest forces shaping the financial markets: stablecoins, perpification and tokenization, each of which is a source of compounding for Ethena.”
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