Kalshi partners with Alpaca to expand prediction markets to 14 million global brokerage accounts
Kalshi, a U.S.-regulated prediction market platform, partnered with brokerage infrastructure startup Alpaca to offer its event contracts internationally. Alpaca, which reaches over 14 million brokerage accounts and partners with more than 300 financial institutions, will integrate Kalshi’s contracts into its platform, pending local regulatory approvals. The deal follows Kalshi’s June partnership with Canadian firm Wealthsimple and its recent $1 billion Series F funding at a $22 billion valuation.
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Kalshi Expands Internationally Through Partnership with Alpaca Brokerage
Prediction market platform Kalshi has announced a partnership with Alpaca, a brokerage and financial infrastructure startup, to facilitate its international expansion. Through this collaboration, individuals and businesses using Alpaca's brokerage infrastructure will gain access to Kalshi's prediction market platform. Alpaca, based in Silicon Valley, recently secured a U.S. brokerage license allowing it to facilitate orders for derivatives contracts. The company has partnerships with over 300 financial institutions and reaches 14 million brokerage accounts worldwide. Kalshi, a privately held U.S.-based company, is seeking to grow its presence outside the United States. This follows a previous partnership in June 2026 with Canadian financial firm Wealthsimple to bring prediction markets to Canada. The partnership with Alpaca is expected to leverage Alpaca's technology to reach brokerages in countries around the world.
Kalshi partners with Alpaca to expand prediction markets globally
Kalshi, a U.S.-based prediction market platform, has partnered with brokerage and financial infrastructure startup Alpaca to offer its event contracts to an international audience. The partnership allows Alpaca's users—spanning over 300 financial institutions and 14 million brokerage accounts globally—to trade Kalshi's event contracts directly on Alpaca's platform. Kalshi's vice president of business development Max Crowley cited Alpaca's global reach and trusted brand as key factors. Alpaca's chief brokerage officer Tony Lee noted user demand for event contracts drove the deal. Alpaca recently completed registration with the CFTC as a U.S.-licensed futures commission merchant. Its API draws 83,000 monthly users. Alpaca CEO Yoshi Yokokawa acknowledged international growth will be gradual but sees transformative potential for prediction markets. This follows Kalshi's June partnership with Canadian firm Wealthsimple and its expansion into traditional derivatives, including perpetual futures tied to U.S. equity indexes and copper. In May, Kalshi raised $1 billion in Series F funding at a $22 billion valuation, with annualized trading volume surging from $52 billion to $178 billion.
Kalshi partners with Alpaca to expand prediction markets globally
Kalshi has announced a partnership with brokerage and financial infrastructure startup Alpaca to make its event contracts available to an international audience. The deal allows individuals and businesses using Alpaca's brokerage infrastructure to trade Kalshi's event contracts without leaving the platform. Alpaca serves over 300 financial institution partners and has a global footprint of 14 million brokerage accounts. Kalshi vice president Max Crowley cited Alpaca's global reach and trusted brand as key factors. Alpaca pursued the deal after seeing user demand for event contracts. Alpaca recently completed registration with the CFTC as a U.S.-licensed futures commission merchant. The partnership is part of Kalshi's broader expansion, following a deal with Canadian firm Wealthsimple in June, a filing to launch perpetual futures contracts, and a $1 billion Series F round at a $22 billion valuation. CNBC holds a minority stake in Kalshi.
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Kalshi partners with brokerage Alpaca to build its international audience
Kalshi, a regulated prediction market platform, has announced a partnership with brokerage firm Alpaca as part of its strategy to expand its user base internationally. The collaboration aims to leverage Alpaca's brokerage infrastructure to offer Kalshi's event contracts to a broader, global audience. This move comes as Kalshi seeks to grow beyond its domestic market and attract international traders interested in betting on the outcomes of real-world events, such as economic indicators and political elections. The partnership is expected to integrate Alpaca's API-driven brokerage services, enabling seamless access for users outside the United States. No specific financial terms or launch dates were disclosed in the announcement.
Kalshi partners with brokerage Alpaca to expand prediction markets to international investors
Prediction market platform Kalshi has partnered with brokerage and financial infrastructure startup Alpaca to bring its event contracts to a global audience. Alpaca, which reaches over 14 million brokerage accounts worldwide and partners with more than 300 financial institutions, will integrate Kalshi's event contracts into its infrastructure. This will allow brokerages in various countries using Alpaca's technology to offer Kalshi's prediction markets to their users, pending local regulatory approvals. The partnership follows Alpaca's recent registration with the CFTC as a U.S.-licensed futures commission merchant. Kalshi's vice president of business development Max Crowley noted that Alpaca's trusted brand and technology-forward approach will accelerate Kalshi's global expansion. Alpaca's chief brokerage officer Tony Lee cited user demand for event contracts as a key driver. The deal is Kalshi's latest international move, following a June partnership with Canadian firm Wealthsimple. Alpaca also has 83,000 monthly API users, enabling individual developers to build trading software.