Allora token surges 118% after AI network goes live on Kalshi via Cobot
The Allora (ALLO) token surged 118% after its AI inference network went live on the CFTC-regulated prediction market exchange Kalshi through an integration called Cobot. The launch positions AI-powered trading agents on the exchange, though specific capabilities of the Cobot integration were not disclosed in available coverage. Allora announced the deployment in the r/ArtificialInteligence Reddit community, which has 1.8 million subscribers. The price move and product name were the primary details confirmed across sources. Kalshi has rapidly expanded its crypto-related offerings this week, with the CFTC approving its first U.S. bitcoin perpetual futures and the exchange filing for 12 altcoin perpetuals within days.
Allora becomes the first AI agent network marketed to prediction market traders as DRW, Wintermute, and IMC open dedicated desks on Kalshi. Any competitive edge from AI-powered inference on event contracts will face immediate institutional scrutiny from those three market makers.
DRW, Wintermute, and IMC opened dedicated prediction market desks just hours before this launch, making Allora the first AI agent network to go live on Kalshi as that three-firm institutional surface takes shape.