Qarshi Market “Will Iran effectively close the Strait of Hormuz for more than 7 days?” This photo illustration taken in Chania, Greece on March 9, 2026 shows the Qarshi logo displayed on a smartphone screen and a laptop computer screen in the background.
Nicholas Cocobris | Null Photo | Getty Images
Prediction market platform Karshi is developing a new interface for avid traders to track its prediction markets, according to people familiar with the plans.
Sources compared the product to a traditional “Bloomberg Terminal” for stocks and derivatives, which is currently undergoing alpha testing with a select group of traders on the platform and has been in development for about a month.
Features of the interface revealed to CNBC include the ability to track popular contracts across a variety of categories by 24-hour volume, view all actively placed trades, and view the order book for individual contracts. Users can customize the interface to see event contracts related to their portfolio and manage multiple positions in different markets simultaneously. Traders can also enable options that reduce friction when making trades.
Mr. Carsi declined a request for comment.
The company is developing software to establish a singular product for the most avid retail traders, colloquially known as “sharps,” who use custom workflows to enhance their trading and gain an edge, the people said. The sources did not know whether Kalsi had plans to monetize the platform at a potential launch or in the future.
Fortune reported in April that Kalsi’s lead investor, venture capital firm Paradigm, was building its own predictive market data platform. However, the report states that the platform is being developed for market makers and professional traders.
In the long run, the company’s platform could include research and other outside information, similar to Bloomberg’s popular products serving Wall Street traders and investors, Kalsi officials said. Kalsi market data is currently accessible on the Bloomberg platform.
Bloomberg’s system is still called a “terminal,” even though it switched from a closed computer system to a software package a long time ago.
The Calci product will focus on prediction markets, but the goal is to expand to the company’s other asset classes, the people added. On Friday, Kalsi announced that it had received approval to offer perpetual futures on cryptocurrencies.
The announcement comes a day after the company launched another product called the American Power Index, which the company calls a real-time measurement of political power using Karsi data.
This source does not include a schedule for the official launch of new terminal products.
Disclosure: CNBC and Kalsi have a commercial relationship that includes customer acquisition and minority ownership.
