US-based prime brokers, institutions that service hedge funds, are aiming to provide access to Kalshi’s event bets, amid a surge in popularity for prediction markets over the last year.

According to a report by Bloomberg, officials from Clear Street and Marex Group Plc have confirmed their intentions to facilitate access to Kalshi’s prediction markets soon.

Clear Street, valued at over $12 billion, is expected to take the lead, with CEO Ed Tilly noting that they anticipate their first Kalshi trade will clear by late March. Marex, approximately worth $2.6 billion, aims to follow in the upcoming months.

Thomas Texier, Marex’s global clearing head, mentioned robust demand from major financial firms interested in entering prediction markets.

“Over the past few weeks, we’ve been approached by substantial hedge funds inquiring about accessing these markets,” Texier remarked, adding that they also seek to utilize prediction markets for hedging their positions.

Kalshi’s CEO Anticipates Rise in Institutional Adoption

In a LinkedIn post on Wednesday, Kalshi CEO Tarek Mansour projected a significant uptick in institutional interest in 2026 due to the effectiveness of prediction markets in providing insights on future events and investment risk management.

“This field is no longer limited to early adopters — it’s becoming an essential segment of the financial framework, with billions circulating weekly,” he added, further stating:

“Institutions are increasingly leveraging these markets to drive returns, mitigate real-world risks and forecast probable outcomes. Major news outlets, including CNBC, CNN, Bloomberg, and Fox, routinely reference Kalshi markets alongside established market tickers.”

Clear Street’s CEO stressed the need for caution as the landscape of prediction markets is fraught with regulatory uncertainties, together with various lawsuits brought by state regulators across the US.

Ongoing Regulatory Conversations

Recent calls from top exchange executives like those at Nasdaq and CME emphasize the desire for clearer regulations on prediction markets to foster wider adoption in the US.

“Markets flourish when there is consistent regulation, ensuring that investors are safeguarded,” noted Nasdaq CEO Adena Friedman during a recent conference.

The Commodities Futures Trading Commission claims oversight of the sector, while the Securities and Exchange Commission intends to play a significant role as well.