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Building Kalshi: Inside Rise of Prediction Markets

Oct 14, 2026
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At 29, Luana Lopes Lara became the world’s youngest self-made woman billionaire after Kalshi’s valuation reached $22 billion—an extraordinary payoff for a company built on a once-unlikely proposition: that Americans should be able to trade on the outcomes of real-world events. Lopes Lara will take us inside the decisions that turned a regulatory long shot into one of the hottest companies in fintech. We'll also discuss the questions still being worked out about how prediction markets should operate, and where she sees the industry going next. Luana Lopes Lara, Founder and COO, Kalshi Emma Hinchliffe, Most Powerful Women Editor, Fortune