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Tradeweb partners with Kalshi to distribute prediction-market data

Deals & M&A

Tradeweb Markets and Kalshi agreed to make Kalshi’s event-based pricing and probability data available through Tradeweb’s platforms. The companies also confirmed that Tradeweb acquired a minority stake in Kalshi, but did not disclose financial terms. They plan to develop combined analytics and are exploring a marketplace for institutional event contracts.

The agreement gives Kalshi access to Tradeweb’s institutional clients and includes an undisclosed minority investment.

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Deals & M&A

CFTC agrees data-sharing deal with NHL on prediction markets

The US Commodity Futures Trading Commission and the National Hockey League have agreed a memorandum of understanding on prediction markets. The CFTC said the arrangement is intended to support information-sharing and protect the integrity of professional hockey and related event contracts. The agreement follows a similar CFTC deal with Major League Baseball, according to reports.

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