Prediction market platform Kalshi is partnering with financial infrastructure and brokerage startup Alpaca to bring its event contracts to global investors. The announcement, made on August 31, 2026, marks a step in Kalshi's effort to build an international audience.
The two companies will work together to get Kalshi's event contracts into the hands of investors outside its current market. Alpaca provides brokerage infrastructure that could help Kalshi reach a broader user base.
A partnership aimed at global reach
Kalshi operates a prediction market where users can trade on the outcomes of events. Alpaca offers brokerage services and financial infrastructure, making it a potential channel for Kalshi to expand internationally.
The partnership is designed to leverage Alpaca's existing network and technology to distribute Kalshi's products to a wider audience. Neither company disclosed specific terms or a timeline for when the integration would be available.
What this means for the two companies
For Kalshi, this partnership is part of its push to grow beyond its current user base. By working with Alpaca, Kalshi gains access to a brokerage platform that could simplify the process for international investors to participate.
For Alpaca, the collaboration adds a new type of asset to its offering. Event contracts are a distinct product from traditional securities, and this could attract users interested in prediction markets.
The announcement did not specify which countries or regions would be targeted first, nor did it detail any regulatory considerations. The companies said only that they are working to get Kalshi's event contracts to global investors.
The open question is how quickly the integration will roll out and whether regulatory hurdles will affect the timeline. Neither company has announced a launch date.