LATEST: Kalshi says it has become the first prediction market to distribute real-time order book data over a dedicated fiber network, giving trading firms direct access to sports contracts and crypto perps.

What happened

Kalshi announced it is the first prediction market to provide real‑time order‑book data over a dedicated fiber network, allowing trading firms direct access to its sports contracts and cryptocurrency perpetual contracts.

Confirmed

Global impact / market context

Real‑time data over a private fiber link reduces latency, giving firms faster price information and execution ability, which can improve trading efficiency and attract more professional participants to Kalshi’s markets.

Analyst inference

Speed is a key competitive factor in electronic trading, especially for sports betting and crypto derivatives where price moves quickly; Kalshi’s network could set a new standard for data delivery in the prediction‑market space.

Analyst inference

What to watch

1. Adoption by major trading firms – if large firms start using Kalshi’s fiber feed, it could boost market liquidity and volume. Proposed
2. Regulatory response – regulators may examine the use of high‑speed data in prediction markets, potentially affecting how the service is offered. Proposed
3. Competitive moves – other prediction‑market platforms might develop similar low‑latency solutions, influencing market share dynamics. Proposed

Evidence

• x.com