Spanish football club Osasuna used the prediction market Kalshi to hedge against financial losses from potential relegation, highlighting the platform's utility for corporate risk management. Although the club maintained its top-flight status, the transaction involved major firms like Susquehanna and demonstrated how prediction markets can function as insurance. However, subsequent temporary bans on these platforms in Spain reflect ongoing regulatory debates that tech professionals must navigate regarding the legal status of prediction-based hedging.
Read the full article at Protos
Want to create content about this topic? Use Nemati AI tools to generate articles, social posts, and more.
3
Ali NematiWritten by Ali
