Exclusive: Kalshi launches ‘Blanket’ to help small businesses hedge against risk—with help from the guru of ‘hypergamblification’

Kalshi has launched Blanket, an AI tool designed to help small businesses hedge risks using prediction markets. Developed with assistance from Lauris Zminsky, the project aims to democratize risk management, potentially turning prediction markets into essential infrastructure for smaller enterprises. While Zminsky notes that many young people currently embrace lottery-ticket economics, he emphasizes that Blanket is a separate initiative focused on providing professional hedging capabilities to businesses that previously lacked access to such financial tools.