{"podcast":{"title":"Bankless","slug":"bankless-357756","podcast_index_feed_id":357756,"rss_url":"https://feeds.flightcast.com/p83fuj0y0u58o82l41xei7zo.xml","website_url":"http://podcast.banklesshq.com/","image_url":"https://assets.flightcast.com/workspaces/vzyepv1wunc8uo4au6e1tld4/podcasts/p83fuj0y0u58o82l41xei7zo/qytiwwt972ormowswu9ysv65.png","author":"Bankless","episode_count":1372,"summary":"The Ultimate Guide to Crypto Finance. DeFi, NFTs, and cryptocurrencies. Level up. Go bankless.","last_synced_at":"2026-09-17T00:20:29.695437+00:00","page_url":"https://stenobird.com/podcast/bankless-357756"},"episode":{"title":"\"We Want to Be Bigger Than the CME\" | Kalshi's John Wang","slug":"we-want-to-be-bigger-than-the-cme-kalshi-s-john-wang","published_at":"2026-09-01T10:30:00+00:00","page_url":"https://stenobird.com/podcast/bankless-357756/we-want-to-be-bigger-than-the-cme-kalshi-s-john-wang","show_page_url":"https://stenobird.com/podcast/bankless-357756","url":"https://pscrb.fm/rss/p/episode.flightcast.com/01M1E2FC535A4YQ20Y23PKC67B.mp3","audio_url":"https://pscrb.fm/rss/p/episode.flightcast.com/01M1E2FC535A4YQ20Y23PKC67B.mp3","summary":"Kalshi’s ambition extends far beyond winning prediction markets. It wants to become the largest exchange on Earth. John Wang joins David to explain Kalshi’s regulated crypto-perps push, upcoming gold and silver markets, international expansion, and the strategy for turning retail event contracts into serious institutional hedging infrastructure. --- 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium --- BANKLESS SPONSOR TOOLS: 🔓NEAR | TRADE CONFIDENTIALLY, GET 20% BACK https://bankless.cc/near-pod 🔑BITKEY | GET 10% OFF USE CODE: BANKLESS | #bitkeypartner https://bankless.cc/bitkey 🎯THE DEFI REPORT | ONCHAIN INSIGHTS https://thedefireport.io/bankless 👑BANKLESS CONTENT MCP https://www.bankless.com/premium --- TIMESTAMPS 0:00 Is Kalshi a Crypto Company? 3:56 Global Expansion and the Regulated Edge 14:55 The Regulated Perps Bet 21:38 Combining Perps and Predictions 27:51 The Insider Trading Problem 38:50 Who Owns Market Information? 45:58 From Sportsbooks to the CME 55:24 Prediction Markets for Institutions 1:02:40 Kalshi Versus Polymarket --- RESOURCES John Wang https://x.com/j0hnwang --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures","meta_description":"Kalshi’s ambition extends far beyond winning prediction markets. It wants to become the largest exchange on Earth. John Wang joins David to explain Kalshi…","key_points":[],"chapters":[],"topics":[],"duration_seconds":4047,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/bankless-357756/episodes/we-want-to-be-bigger-than-the-cme-kalshi-s-john-wang/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/bankless-357756/we-want-to-be-bigger-than-the-cme-kalshi-s-john-wang.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}