SectorWire
SearchGet the daily briefing
Menu

Kalshi partners with XP to offer prediction markets in Brazil

Deals & M&A

Kalshi announced a partnership with XP Inc to make prediction markets available to clients holding an international investment account with XP International in Brazil. The companies said initial markets will focus on financial and economic events, with access aligned to client profiles and regulatory requirements.

Access tied to client profiles and regulatory requirements makes those conditions important for suppliers and eligible Brazilian investors.

Connections

Request a correction

Keep reading

Deals & M&A

Prediction-market platforms report election contract trading during US midterms

Prediction-market platforms were trading contracts on control of the US House and Senate during the 3 November midterm elections, according to the report. It cited Kalshi and Polymarket prices at 10:32 a.m. ET and said no results had been reported by then. The report also described third-quarter figures from Robinhood, including $173 million in event-contract revenue and 16.4 billion contracts traded.

Continue reading