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How Kalshi infects the news Highlight

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Some of CNBC’s reporting about Kalshi includes the disclosure, “CNBC and Kalshi have a commercial relationship that includes customer acquisition and a minority investment.” This means CNBC is paid every time it can convert a viewer to a Kalshi user. As an investor, the network also benefits if Kalshi’s overall valuation increases. CNBC is also paid directly by Kalshi for using its data, according to The Wrap.

— Aaron Rupar

Replicated under Fair Use from How Kalshi infects the news by Aaron Rupar.

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