Prime brokers Clear Street and Marex Group are preparing to give hedge fund clients access to Kalshi’s prediction markets as institutional demand for event-based trading grows.
Executives from both firms confirmed that they expect to open access to Kalshi contracts soon, with Clear Street anticipating its first trade clearing in late March and Marex planning to follow in the coming months.
“Over the last few weeks, we’ve seen very large hedge funds coming to us and saying, ‘Can you give us access to these markets?’”
Said Marex global clearing head, Thomas Texier.
Clear Street, valued at more than $12 billion, is expected to launch access first, while Marex, valued at about $2.6 billion, is preparing to integrate prediction market services for institutional clients.
Kalshi chief executive Tarek Mansour said institutional participation in prediction markets is expected to accelerate in 2026 as firms increasingly use them for hedging and forecasting real-world events.
“This is no longer an early-adopter space - it is becoming a core pillar of the financial ecosystem, with billions flowing through weekly,”
Mansour said.
Despite rising interest, the sector still faces regulatory uncertainty in the United States as authorities debate whether prediction markets fall under commodities, securities or sports betting oversight.