Particular person merchants might quickly discover it simpler to commerce on real-world outcomes, from elections to inflation knowledge, subsequent to shares and ETFs. DriveWealth and Kalshi have introduced plans to combine prediction markets into the identical funding expertise that already hosts conventional belongings.
This partnership will allow DriveWealth’s world associate community to embed Kalsi’s occasion contracts immediately inside their buying and selling platform. Which means traders will be capable to instantly speculate and hedge towards macroeconomic occasions with out leaving their present brokerage account.
DriveWealth expects this integration to carry collectively Kalshi’s event-driven merchandise and API-first infrastructure to create a single compliant ecosystem for a brand new era of merchants.
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DriveWealth CEO Naureen Hassan stated the transfer strengthens the corporate’s give attention to scalable expertise. “Our integration with Calci strengthens our means to offer cutting-edge market alternatives to our companions,” he stated, including that Calci’s method to market design aligns with Drive Wealth’s long-term imaginative and prescient to reinforce world entry to the most recent monetary merchandise.
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Karshi operates a regulated alternate that permits individuals to commerce contracts tied to real-world outcomes comparable to financial bulletins, climate occasions, and political developments.
The corporate’s annual buying and selling quantity has already exceeded $100 billion. By linking with DriveWealth’s built-in middleman community, Kalsi will broaden its attain to fintech platforms and particular person traders world wide.
A step in the direction of a decentralized funding platform
“DriveWealth’s world attain and built-in brokerage infrastructure make it a super associate,” stated Tarek Mansour, co-founder and CEO of Qarshi. “Our aim is to offer main fintech platforms with larger entry to regulated prediction markets.”
In the meantime, the U.S. Commodity Futures Buying and selling Fee’s Enforcement Division just lately renewed its warning towards insider buying and selling in prediction markets following two enforcement actions that exposed people abusing privileged data on KalshiEX.
In an official advisory, regulators reminded merchants and designated contract markets (DCMs) that insider buying and selling and fraud are topic to federal oversight.
Fee Chairman Michael Selig earlier intensified the talk over who regulates prediction markets, directing the company to intervene in ongoing litigation and arguing that occasion contracts fall underneath the purview of federal derivatives regulators, not states.
