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Jayendra Jog: Kalshi rebranding as hedging tool could ease legal process

Jayendra Jog: Kalshi rebranding as hedging tool could ease legal process
Kalshi rebrand may ease legal hurdles

Jayendra Jog, co-founder and CEO at Sei Labs, suggests that if Kalshi can successfully rebrand itself for small businesses as a hedging tool rather than a gambling platform, it could make its legal efforts much easier in the long term.

Jog highlights that establishing a positive societal impact could be key to overcoming regulatory challenges faced by Kalshi.

Jog recently announced Sei's v6.6 upgrade, the platform's most significant update since introducing EVM support in May 2024. He also unveiled the live proposal for a Giga storage upgrade supporting 200,000 transactions per second. These developments are part of Sei Labs' ongoing efforts to scale its blockchain infrastructure.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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