the next wave of institutional adoption isn’t using legacy banking rails. meta’s already moving stablecoins. google & PayPal see it coming. AI agents will demand it.
🏦 | @multibank_io exists because institutions need crypto-native infrastructure.
web3 was the asset. web4 is the system.
this is the inflection point. $MBG was built for exactly this moment.
I had to clip this part out from the podcast vid, nobody talks about this when they study successful founders.
Kalshi founder just explained what actually separates winners from everyone else and it’s not intelligence, network, or funding.
🔻
👉 It’s refusing to stop …
Kevin WSH pulled one of the realest founder conversations of 2026.
for those who don’t know; kalshi is one of the most successful prediction markets platform.
E174: Tarek Mansour - Launching the First Regulated Perps In The U.S and building the next generation of financial markets
@mansourtarek_ is the co-founder and CEO of @Kalshi, the first regulated prediction market exchange in the US, valued at $22 Billion. He grew up in Lebanon with a single mom, studied at MIT, worked at Citadel, and spent 6 years years building a company most people ignored before it finally took off. We talk about what it actually takes to not give up, why markets are better at finding truth than experts, why Kalshi is launching the first regulated Perps in the US, and how his team is building what he calls the next generation of financial markets.
Timestamps:
0:00 Intro
1:54 Urgency
3:11 Anime
4:53 Who is Tarek?
7:02 Mathematics & Certainty
9:10 Tarek's chip on the shoulder
13:33 Partnerships: @Trezor@Bitwise
15:19 Resilience
16:31 Entrepreneurship is Therapy
18:23 The startup emotional rollercoaster
22:16 Showing up for 2000 days with no results
24:45 First time Founder advantage
26:40 When Kalshi almost made it, but did not
29:54 Partnerships: @KASTxyz
31:19 Focus Inputs, Not Results
33:16 The Kalshi beginnings story
36:00 The True Innovation Of Prediction Markets
38:28 How Prediction Markets Revolutionize The Media
41:37 Prediction Markets and Hedging explained simply
44:55 Leverage In Prediction Markets
47:16 Partnerships: @JupiterExchange@ethena
48:00 Insider Trading
51:19 Insider Trading Rules enforcement: who is responsible?
55:26 How Kalshi spots Suspicious Behavior
56:59 Tarek's Honest View On Crypto
59:41 Launching the first Regulated Perps In The U.S
1:00:30 What Does Regulated Perps Mean?
1:02:22 Was Kalshi perps launch inspired by Hyperliquid?
1:03:41 Competition
1:05:58 Kalshi Endgame
1:07:06 What is Kalshi doing with the billions of $ they raised
1:08:31 Happiness and engagement
1:13:08 One Thing Tarek Should Let Go Of
1:14:18 Closing Thoughts
I had to clip this part out from the podcast vid, nobody talks about this when they study successful founders.
Kalshi founder just explained what actually separates winners from everyone else and it’s not intelligence, network, or funding.
🔻
👉 It’s refusing to stop …
Kevin WSH pulled one of the realest founder conversations of 2026.
for those who don’t know; kalshi is one of the most successful prediction markets platform.
will prediction markets replace the news?
Kalshi founder said no and then gave an analogy that completely changed how I think about it.
stock markets didn’t replace stock analysts. they made analysts more accountable.
prediction markets will do the same thing to journalism.
the ones who survive will be the ones who are actually right.
E174: Tarek Mansour - Launching the First Regulated Perps In The U.S and building the next generation of financial markets
@mansourtarek_ is the co-founder and CEO of @Kalshi, the first regulated prediction market exchange in the US, valued at $22 Billion. He grew up in Lebanon with a single mom, studied at MIT, worked at Citadel, and spent 6 years years building a company most people ignored before it finally took off. We talk about what it actually takes to not give up, why markets are better at finding truth than experts, why Kalshi is launching the first regulated Perps in the US, and how his team is building what he calls the next generation of financial markets.
Timestamps:
0:00 Intro
1:54 Urgency
3:11 Anime
4:53 Who is Tarek?
7:02 Mathematics & Certainty
9:10 Tarek's chip on the shoulder
13:33 Partnerships: @Trezor@Bitwise
15:19 Resilience
16:31 Entrepreneurship is Therapy
18:23 The startup emotional rollercoaster
22:16 Showing up for 2000 days with no results
24:45 First time Founder advantage
26:40 When Kalshi almost made it, but did not
29:54 Partnerships: @KASTxyz
31:19 Focus Inputs, Not Results
33:16 The Kalshi beginnings story
36:00 The True Innovation Of Prediction Markets
38:28 How Prediction Markets Revolutionize The Media
41:37 Prediction Markets and Hedging explained simply
44:55 Leverage In Prediction Markets
47:16 Partnerships: @JupiterExchange@ethena
48:00 Insider Trading
51:19 Insider Trading Rules enforcement: who is responsible?
55:26 How Kalshi spots Suspicious Behavior
56:59 Tarek's Honest View On Crypto
59:41 Launching the first Regulated Perps In The U.S
1:00:30 What Does Regulated Perps Mean?
1:02:22 Was Kalshi perps launch inspired by Hyperliquid?
1:03:41 Competition
1:05:58 Kalshi Endgame
1:07:06 What is Kalshi doing with the billions of $ they raised
1:08:31 Happiness and engagement
1:13:08 One Thing Tarek Should Let Go Of
1:14:18 Closing Thoughts