### Kalshi Names John Wang Head of Crypto as Prediction Market Race Heats Up

Why is John Wang considered a 'crypto powerhouse' in the prediction market industry?

How does Kalshi plan to revolutionize the prediction market with its new focus on crypto?

What does Kalshi's move to hire John Wang imply for the prediction market race?


### Kalshi Names John Wang Head of Crypto as Prediction Market Race Heats Up
Image source: Unblock Media
  • Prediction market platform Kalshi has appointed crypto influencer John Wang as its Head of Crypto.
  • Wang will prioritize developing new crypto markets, enhancing on-chain initiatives, and engaging developers.

On August 25, 2025, The Block reported that prediction market platform Kalshi announced the hiring of prominent crypto influencer John Wang as its Head of Crypto. Wang revealed his plans on X (formerly Twitter), stating his focus would be on introducing new crypto markets, expanding Kalshi’s developer ecosystem, and advancing the company’s on-chain initiatives. This development marks Kalshi’s deeper push into the digital asset space amid rising competition in the prediction market industry.

Kalshi has consistently integrated cryptocurrency into its platform to attract a crypto-savvy audience. Its users can currently fund their accounts using several digital assets, including USDC, Bitcoin, and, most recently, Solana, which was introduced in May 2025. Adding support for Solana further underscores Kalshi’s strategy to appeal to a diverse group of blockchain enthusiasts and strengthen its position in the prediction markets sector.

The competitive landscape for prediction markets continues to intensify, particularly with blockchain-based Polymarket currently leading in active traders, recording over 286,000 in July 2025, according to sector analysis. Additionally, mainstream financial platforms like Robinhood and Coinbase are expanding their footprint in prediction markets. Notably, Kalshi’s partnership with Robinhood to offer sports wagering highlights the merging of prediction markets with traditional finance and entertainment verticals.

As of August 25, 2025, prediction market platforms remain aligned with rising interest in digital assets. Bitcoin (BTC) is trading at $111,958.387, reflecting a 2.471% decrease in price, with a notable 75.101% change in 24-hour trading volume. Solana (SOL) is priced at $197.683, representing a 4.708% decline, with an impressive 96.881% spike in volume over the last 24 hours. Meanwhile, USDC remains stable at $1, showing a nominal 0.01% decrease, with a 146.458% increase in volume over the same period, according to the Market Survey (last updated August 25, 2025, 15:13 UTC).

telegram

Get real-time crypto breaking news on Unblock Media Telegram! (Click)

Article Info
Category
Market
Published
2025-08-25 15:15
NFT ID
PENDING
Get the latest news in your inbox!