Kalshi, the CFTC-regulated prediction market exchange, has launched Blanket, an AI-powered tool designed to help small businesses hedge commercial risks. Developed in partnership with London-based financial economist Lauris Zminsky, the tool analyzes business risk exposures and recommends specific event contracts available on Kalshi’s marketplace to hedge against weather, elections, energy prices, and tariff shocks. Blanket operates as a recommendation layer rather than a trading platform, identifying relevant contracts without executing orders or handling funds. A concrete example involved a New York City bar that used Kalshi to hedge 5,000 dollars against an NBA promotion outcome. With roughly 33 million small businesses operating in the US, this approach could significantly expand the addressable market for prediction markets beyond speculation-curious traders.
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