Foresight News
Foresight News|Aug 07, 2026 15:07
[Kalshi Launches AI Risk Management Tool Blanket to Help Small Businesses Hedge Operational Risks Through Prediction Markets] Foresight News reports that prediction market platform Kalshi has announced the launch of an AI tool called Blanket, designed to help small businesses hedge operational risks related to weather, energy prices, tariffs, elections, and more using event contracts. Blanket was developed by independent fintech entrepreneur Lauris Zminsky and operates based on Kalshi's CFTC-regulated prediction markets, though it is not an internal product of Kalshi. The tool does not directly execute trades or handle funds but uses AI to analyze risks faced by businesses and recommends Kalshi event contracts that can be used for hedging.
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