JOURNAL ARTICLE

Investors Can Now Make Bets on the Price of Labubus and Sneakers.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Bhasin, Kim 3 of 3

Abstract

The article discusses a partnership between prediction market Kalshi Inc. and sneaker marketplace StockX, which will allow users to bet on the resale prices of popular sneakers and collectibles, including trading cards and figurines. Kalshi will utilize StockX data to create event contracts that enable trading on various outcomes, such as price thresholds and best-selling brands during shopping events. This collaboration represents a shift towards mainstream acceptance of an industry that straddles the line between financial trading and gambling, amid ongoing regulatory scrutiny. Kalshi, founded in 2018 and licensed by the US Commodity Futures Trading Commission, aims to expand into new markets with high transaction volumes. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/11, pN.PAG
  • Document Type:Article
  • Subject Area:Social Sciences and Humanities
  • Publication Date:2025
  • Accession Number:189415293
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