Kalshi is tapping a new route to market by targeting high-roller Wall Street investors via a strategic partnership with bond-trading hub Tradeweb Markets.
Kalshi announced on Thursday it had signed a deal with the digital trading platform to offer its prediction markets (PMs) to more “institutional investors.”
The PM giant’s chief Tarek Mansour took to X after the deal, stating thousands of “asset managers, banks, hedge funds, governments” transact bonds and manage macro risks via Tradeweb:
Mansour added the hub facilitates over $2.6tr in notional volume daily.
According to reports, Tradeweb will feature real-time prices for Kalshi PMs and plug that data directly into the New York-based firm’s “rates and credit marketplaces, including UI, APIs, and data-download tools.”
According to a news releas, Tradeweb CEO Billy Hult stated his firm, which also acquired a minor stake in Kalshi, was also mulling adding trading capabilities for PMs in the future.
Tradeweb offers trading on markets including federal bonds, credit products, mortgage backed securities
Mansour said Tradeweb offers trading on markets including federal bonds, credit products, mortgage backed securities, and money markets, and that in stage two of the Tradeweb deployment, its users will be able “to add prediction markets to your portfolio and manage it all in one platform.”
“Recession this year? new tariff wave? election outcome? Fed cut? government shutdown? Hurricane in Florida?” the Kalshi CEO stated, pointing out the possibilities of the Tradeweb partnership.
