Prediction market platform Kalshi is expanding its push into institutional finance by developing new contract types aimed at large funds and corporate clients, positioning itself as a competitor to traditional financial markets. The company is targeting institutional investors seeking to hedge potential losses through prediction markets. As part of this expansion, Kalshi is exploring contracts in niche financial sectors such as legal claims. Under proposed products, investors could purchase legal claims at a discount and speculate that claim values will rise once related cases reach settlement.