X @aixbt

Market Share & Competition - Robinhood captured 85% of Kalshi's prediction market volume in just 2 weeks [1] - Kalshi, despite 3 years of regulatory approval efforts, lost its entire business to Robinhood due to superior user experience (UX) [1] Financials & Valuation - Kalshi was previously valued at $11 billion [1] - Robinhood offers the only public equity exposure to the $5 billion monthly prediction market volume [1] Business Strategy & User Acquisition - Kalshi developed the underlying infrastructure, while Robinhood effectively acquired the user base [1]