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Kalshi is partnering with The Weather Company, operator of Weather.com and The Weather Channel app, to expand a weather trading business it expects to reach $1.1 billion in volume this year.
The Weather Company will supply the meteorological data used to verify contract outcomes, and the two firms plan to explore new markets around events such as ski conditions and marathon weather. Kalshi's probabilities will also appear across Weather Company platforms.
Kalshi's weather markets generated $564 million in trading volume through July, the Wall Street Journal reported, already surpassing the platform's full-year 2025 total. Weather and climate volume is up roughly 500% year over year.
That doesn't mean commercial hedging has taken over. But the market is starting to acquire the ingredients of a genuine risk-management tool: trusted settlement data, institutional-scale execution and businesses experimenting with contracts as hedges.
#finance #kalshi
Kalshi is partnering with The Weather Company, operator of Weather.com and The Weather Channel app, to expand a weather trading business it expects to reach $1.1 billion in volume this year.
The Weather Company will supply the meteorological data used to verify contract outcomes, and the two firms plan to explore new markets around events such as ski conditions and marathon weather. Kalshi's probabilities will also appear across Weather Company platforms.
Kalshi's weather markets generated $564 million in trading volume through July, the Wall Street Journal reported, already surpassing the platform's full-year 2025 total. Weather and climate volume is up roughly 500% year over year.
That doesn't mean commercial hedging has taken over. But the market is starting to acquire the ingredients of a genuine risk-management tool: trusted settlement data, institutional-scale execution and businesses experimenting with contracts as hedges.
#finance #kalshi
28 days ago
