FalconX and Kalshi Join Forces to Bring Institutional Capital to Prediction Markets | LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis
Crypto prime brokerage FalconX has partnered with Kalshi, the world’s largest prediction market by monthly trading volume, to give institutional clients structured access to event-driven contracts spanning politics, macroeconomic indicators and market price movements.
The partnership combines FalconX’s prime brokerage and derivatives infrastructure with Kalshi’s regulated exchange, enabling institutional clients to gain exposure to and hedge event-driven risks across crypto, macro and global elections through block trade execution and structured derivatives.
Joshua Barkhordar, Head of Sales at FalconX, described the development as a natural evolution of financial markets, where institutional capital, derivatives infrastructure and emerging asset classes converge.
He noted that FalconX’s role was to bring “the scale, liquidity, and risk management frameworks institutions expect” to the prediction markets category.
Max Crowley, Vice President of Business Development at Kalshi, said demand for prediction markets was reaching a tipping point, with institutional appetite for event-based contracts growing sharply in recent months.
Furthermore, he argued that access through prime brokerages would be central to broadening institutional participation as the asset class matures.
For Kalshi, the agreement represents the latest step in an accelerating push towards institutional adoption.
For FalconX, it extends a broader strategy of bridging traditional and digital financial markets by applying established institutional infrastructure to newer and less conventional asset classes. The firms did not disclose financial terms of the arrangement.
