Goat herding hedge: How Susquehanna and Kalshi are helping this company offset a change in California law

A Pennsylvania goat herding business used the prediction market platform Kalshi to place bets intended to offset potential financial impact from a California wage law change. Susquehanna, an investment firm, was involved in the arrangement. The business faced increased labor costs under the law change and used the prediction market hedge as a financial strategy to manage that exposure.

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