PANews reported on March 27th that, according to The Block, ARK Invest, founded by Cathie Wood, announced it will use Kalshi forecast market data to assist in investment strategies and manage risk. ARK stated that the forecast market data will be used to supplement fundamental and quantitative analysis, provide real-time forecast indicators, and manage portfolios by hedging exposure to specific events and macroeconomic and industry risks. ARK CEO Cathie Wood stated that incorporating forecast markets into institutional workflows is an inevitable direction for innovation in financial research.