X Product Manager: Infode is suspected to be connected with Kalshi, and its ranking aims to increase click-through rates by using female imagery.

PANews February 22 News, X product leader Nikita Bier questioned the Infodex list of the most valuable startups in 2025 in a tweet, specifically pointing out issues with the fintech company Kalshi (valued at $1.1 billion) mentioned on the list. He stated that the information on the list is “obviously false,” and that the account belongs to or is associated with the brand. He also questioned whether the purpose was to increase click-through rates by placing a woman’s photo next to the logo. Additionally, he demanded that the publisher disclose whether this is paid promotion for Kalshi, or the account could be suspended.

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