TechFlow News, May 13: Cathie Wood stated that ARK has participated in the latest funding round of prediction market platform Kalshi. She believes prediction markets are emerging as a new layer of financial infrastructure, enabling real-time price discovery around events, probabilities, and shifts in the state of the world. Cathie Wood noted that Kalshi is at the forefront of this innovation, and ARK is delighted to support this team—whose mission is to aggregate and express information through markets—and congratulates them on reaching this significant milestone.
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