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Houston startup Discrete executes Kalshi's first privately negotiated weather block trade

  • Houston startup Discrete executes Kalshi's first privately negotiated weather block trade — Houston risk-management startup Discrete executed what the Houston Chronicle reports was Kalshi's first privately negotiated weather-based block trade, buying a position that pays 25,000 dollars if Houston reaches 103 degrees Fahrenheit in August. Kalshi's weather markets generated 564 million dollars in trading volume through July, already surpassing the platform's full-year 2025 total, with volume up roughly 500 percent year over year. (Webull)

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