Kalshi is partnering
with brokerage infrastructure provider Alpaca to expand access to its event
contracts outside the US.
The deal comes as
financial infrastructure firms increasingly add Kalshi’s contracts to their
platforms. Finance Magnates reported that Alpaca
recently registered as an FCM with the CFTC, while Apex
launched an API allowing brokers and fintech firms to offer Kalshi contracts
without building their own FCM infrastructure or direct exchange connectivity.
Kalshi Gains Alpaca’s Global Brokerage
Network
Under the new
agreement, financial institutions using Alpaca’s technology will be able to
offer Kalshi contracts through their existing brokerage infrastructure.
Availability will remain subject to regulatory approval in each market.
Tony Lee, Alpaca’s
chief brokerage officer, said customer demand was behind the company’s move
into prediction markets.
“Our mission is really
to open up financial services to as many people around the world as possible,”
Lee said. “You really have to go where the customer demand is.”
Alpaca works with more
than 300 financial institutions and reaches around 14 million brokerage
accounts globally. Kalshi said the network could help support its entry into
additional markets.
Kalshi is partnering with brokerage Alpaca to bring prediction markets to a global audience: Alpaca reaches 14 million brokerage accounts across more than 300 financial institutions worldwide, giving Kalshi a path to international expansion https://t.co/GYfXmq4klO pic.twitter.com/2Ig3N1FpfK
— Quartz (@qz) August 31, 2026
Alpaca API Supports Kalshi’s Expansion
“They’re a trusted
brand, they’re technology forward,” Kalshi Vice President of Business
Development Max Crowley said. “This technical partnership enables that.”
Kalshi has also
expanded through other financial firms. In June, it partnered with Canadian
financial firm Wealthsimple to offer its markets in Canada.
Alpaca’s API has about
83,000 monthly users and allows developers to build trading applications. Its
infrastructure could also support automated trading activity in prediction
markets.
This article was written by Tareq Sikder at www.financemagnates.com.
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