Blanket Aims to Bring Risk Management to Mainstream Small Businesses
Kalshi's new AI tool, Blanket, aims to help small businesses hedge against risks on prediction markets. Developed in partnership with Lauris Zminsky, a London-based financial economist, Blanket identifies risk exposures and recommends specific event contracts on Kalshi's marketplace that could offset them.
The tool operates as a recommendation layer, not a trading platform, and doesn't execute orders or handle any funds. Instead, it functions like a risk consultant that speaks in prediction-market contracts rather than hourly billing rates.
A restaurant owner worried about a brutal winter hurting weekend revenue could use Blanket to surface weather-related contracts on Kalshi. A manufacturer exposed to energy price spikes might find contracts tied to natural gas benchmarks.