The challenging journey of founding Kalshi, a federally regulated event trading exchange, and securing a license from the US Commodity Futures Trading Commission (CFTC) through persistence and innovative thinking.

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About this podcast

Dive into the extraordinary journey of Tarek Mansour, CEO and Co-Founder of Kalshi, as he recounts the immense challenges faced in launching the first federally regulated exchange for event trading. Despite widespread skepticism and numerous rejections from lawyers and regulators, Tarek's unwavering faith and entrepreneurial spirit led him to secure a groundbreaking license from the CFTC. This captivating discussion explores the innovative concept of event contracts, the rigorous process of navigating financial regulation, and the sheer stubbornness required to pioneer a new financial market. Learn how Tarek and his team transformed a seemingly impossible vision into a reality, challenging historical perceptions of financial innovation along the way.