[ARK Invest Introduces Kalshi Prediction Market Data: For Investment Decisions and Risk Hedging] According to Golden Finance, on March 27, Cathie Wood's investment firm ARK Invest announced that it will adopt data from the prediction market platform Kalshi to guide investment decisions and hedge risks. ARK stated that it will use Kalshi in three ways: first, as a supplement to provide "continuously updated expectations" for fundamental and quantitative analysis; second, to obtain real-time market expectations through indicators such as trading volume; third, for event-driven risk management, including hedging specific outcomes that impact the portfolio as well as macro and industry risks. Cathie Wood noted that introducing prediction markets into institutional investment processes is a natural extension of financial research innovation, helping to quantify uncertainty and improve decision-making quality. ARK's Director of Research, Nick Grous, stated that prediction markets can more purely reflect risk expectations for critical economic and corporate events.