Tradeweb has partnered with Kalshi, making a minority investment in the prediction market.
Tradeweb CEO Billy Hult commented, “Prediction markets are increasingly becoming a key part of the trading landscape, and have the potential to become an indicator for institutions to dynamically assess macro risk and allocate capital more effectively. Tradeweb has invested in Kalshi based on our belief that the institutional trading stack will soon evolve to pair high-quality event data with modern market structure.”
Through the partnership, Kalshi’s event probabilities and market data will be integrated into Tradeweb’s rates and credit marketplaces and combined with existing pricing, liquidity, and macro-intelligence datasets. Clients will be able to integrate probabilistic risk signals into their trading workflows.
This will improve transparency and execution efficiency in global macro markets, the companies state.
The companies also intend to develop an institutional event-contract trading framework, giving traders access to macroeconomic and policy outcome-related contracts.
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