Kalshi partners with Alpaca to expand international reach of prediction markets
Prediction market platform Kalshi has partnered with brokerage startup Alpaca to bring its event contracts to a global audience through the latter's financial infrastructure. This collaboration will enable brokerages using Alpaca’s technology—reaching over 14 million accounts—to offer access to Kalshi’s prediction markets, pending local regulatory approvals. Alpaca recently became a U.S.-licensed futures commission merchant and has seen growing demand from users for event contracts. The partnership aligns with both companies' goals of expanding financial services globally by leveraging Alpaca's existing infrastructure and customer base across 300+ institutions. Kalshi aims to accelerate its international expansion, having previously partnered with Wealthsimple in Canada. The move is part of a broader trend where traders are increasingly using automated tools for prediction markets. While scaling internationally will take time, the partnership represents a significant opportunity for event contracts as an emerging asset class.
Topics: brokerage_platforms international_expansion prediction_markets