Zeo

E174: Tarek Mansour - Launching the First Regulated Perps In The U.S and building the next generation of financial markets @mansourtarek_ is the co-founder and CEO of @Kalshi, the first regulated prediction market exchange in the US, valued at $22 Billion. He grew up in Lebanon with a single mom, studied at MIT, worked at Citadel, and spent 6 years years building a company most people ignored before it finally took off. We talk about what it actually takes to not give up, why markets are better at finding truth than experts, why Kalshi is launching the first regulated Perps in the US, and how his team is building what he calls the next generation of financial markets. Timestamps: 0:00 Intro 1:54 Urgency 3:11 Anime 4:53 Who is Tarek? 7:02 Mathematics & Certainty 9:10 Tarek's chip on the shoulder 13:33 Partnerships: @Trezor @Bitwise 15:19 Resilience 16:31 Entrepreneurship is Therapy 18:23 The startup emotional rollercoaster 22:16 Showing up for 2000 days with no results 24:45 First time Founder advantage 26:40 When Kalshi almost made it, but did not 29:54 Partnerships: @KASTxyz 31:19 Focus Inputs, Not Results 33:16 The Kalshi beginnings story 36:00 The True Innovation Of Prediction Markets 38:28 How Prediction Markets Revolutionize The Media 41:37 Prediction Markets and Hedging explained simply 44:55 Leverage In Prediction Markets 47:16 Partnerships: @JupiterExchange @ethena 48:00 Insider Trading 51:19 Insider Trading Rules enforcement: who is responsible? 55:26 How Kalshi spots Suspicious Behavior 56:59 Tarek's Honest View On Crypto 59:41 Launching the first Regulated Perps In The U.S 1:00:30 What Does Regulated Perps Mean? 1:02:22 Was Kalshi perps launch inspired by Hyperliquid? 1:03:41 Competition 1:05:58 Kalshi Endgame 1:07:06 What is Kalshi doing with the billions of $ they raised 1:08:31 Happiness and engagement 1:13:08 One Thing Tarek Should Let Go Of 1:14:18 Closing Thoughts

Most people look at Quip and assume it’s either a blockchain project or a quantum computing initiative. In reality, it’s both but not in the way that assumption suggests. Quip is designed as two independent layers that can work together or operate completely on their own. The Compute Layer Instead of wasting energy on meaningless hash calculations, the @quipnetwork turns mining into useful work. Miners using CPUs, GPUs, ASICs, and eventually quantum hardware compete to solve real-world optimization problems tasks that customers are actually willing to pay for. In this model, the same compute power that secures the network also produces valuable outputs. The Asset Layer #QUIP Account & Interlock isn’t just another blockchain. It’s a post-quantum security system built to integrate with existing ecosystems like Ethereum, Solana, and Bitcoin. It enables assets to be secured, transferred, and exchanged across chains without relying on traditional bridges or external oracles. How the Two Layers Interact The key point is that these layers don’t depend on each other. ☞ If you want useful-work mining, you can use the Compute Layer alone. ☞ If you want quantum-resistant asset security, you can use the Asset Layer alone. ☞ If you want both, they connect seamlessly through the shared $QUIP economy. @quipnetwork isn’t trying to replace every blockchain. It’s building infrastructure for a future where quantum computing becomes practical turning idle compute into productive work while strengthening digital asset security against the next generation of threats.