Online retail broker Webull has integrated more Kalshi prediction markets into its trading platform. The new binary event contracts are related to forecasts of future economic data, like inflation, jobs and unemployment numbers, and Fed rate cuts.
Webull’s expansion of prediction markets comes as Kalshi seeks to partner with more brokerages in an effort to bring in more traders and make its markets even more accessible.
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📊 Jobs & UnemploymentTurn your predictions into opportunities with @Kalshi markets on Webull. pic.twitter.com/h6Wu6nY58s
— Webull (@WebullGlobal) July 11, 2025
New economic prediction markets added to Webull
Webull’s partnership with the CFTC-regulated Kalshi was first announced in February, with the investment platform first adding hourly index prediction markets in which Webull users could trade on S&P 500 and NASDAQ gains. In June, Webull added hourly Bitcoin and Ethereum price prediction markets.
The newly-added economic markets mark the first non-hourly Kalshi prediction markets to be offered on the Webull platform. The new economic prediction markets include:
- Will inflation be above (percentage) in June 20225?
- Will CPI be above (percentage) in June 2025?
- Will Jobs Numbers be above (number of jobs added) in July 2025?
- Will Unemployment Rate be above (percentage) in July 2025?
- Fed Funds Rate in July 2025?
- How many times will the Fed cut rates in 2025?
- Will the Fed Funds rate be above (percentage) in July 2025?
Kalshi seeking to further expand brokerage integrations
Kalshi also has a partnership with Robinhood to offer certain markets on its popular trading platform. Unlike Webull, Robinhood offers Kalshi markets related to sports outcomes alongside economic prediction markets.
In February, Robinhood first offered Kalshi prediction markets for Super Bowl LIX before pulling them at the request of the CFTC. In March, Robinhood announced a new “prediction markets hub” that featured Kalshi economic markets, as well as March Madness markets. Robinhood has since continued to offer sports and economic markets. Current Kalshi markets on the platform include MLB All-Star game outcomes, many of the same economic markets mentioned above, and a monthly market predicting US gas prices in July.
Kalshi has made broker integrations similar to the ones at Robinhood and Webull a priority. In a recent Wall Street Journal story about Kalshi’s recent $185 million funding round and $2 billion valuation, Kalshi co-founder and CEO Tarek Mansour said part of the new capital raise will go towards establishing more broker partnerships.
In July 3 posts on LinkedIn and X, Mansour said Kalshi is in talks with nearly 20 additional brokers for similar integrations.
Brokers.
Our broker pipeline has exploded: Kalshi has close to 20 brokers in the pipeline today.
Aside from growing meaningfully in terms of both customers and volume, our broker partners are deepening their engagement: they are listing more markets at an increasing pace. A…
— Tarek Mansour (@mansourtarek_) July 3, 2025
What other brokers could partner Kalshi?
Other new Kalshi broker partnerships have yet to be announced. One contender to team with Kalshi (or another prediction exchange) is cryptocurrency brokerage Coinbase, whose CEO, Brian Armstrong, said, “We are interested in looking at (prediction markets) more over time,” during the company’s 2024 Q4 earnings call.
The Charles Schwab Corporation may also look to integrate prediction markets at some point. A spokesperson told Investment News last month that the company was closely monitoring the prediction market space, but “don’t have any plans at this time.” The company’s founder and chairman, Charles R. Schwab, was one of Kalshi’s early investors.
Integrations with brokerages, particularly user-friendly and/or crypto-based platforms, are attractive because they provide those outlets’ generally younger traders direct access to prediction markets. That can help increase a prediction platform’s user base and boost trading volume and liquidity.
