Moomoo partners with Kalshi to offer CFTC-regulated event contracts
Retail brokerage Moomoo has partnered with regulated prediction market operator Kalshi to offer CFTC-regulated event contracts directly within the Moomoo app, the firms announced June 4. The integration lets eligible Moomoo users trade event contracts on economic, political, and cultural outcomes through their existing brokerage accounts, broadening Kalshi's distribution beyond its standalone platform. Moomoo is promoting the launch with a community rewards program and profit-and-loss sharing contest offering up to 3,800 points. The partnership comes as prediction market platforms compete to secure brokerage and fintech distribution partners for retail investors. Moomoo's community poll showed 11% of respondents interested in trading event contracts, with 89% taking a wait-and-see approach. Available contract categories include growth, jobs and the economy, inflation, oil and energy, the Fed, global central banks, and housing.
Kalshi gains Moomoo's 29 million-user retail pipeline at the exact moment Robinhood is routing World Cup contracts to rival clearing firm Rothera. Any volume Moomoo delivers helps offset the retail flow Kalshi is losing to its largest brokerage partner.
The Moomoo deal gives Kalshi a second major retail distribution partner as Robinhood splits World Cup flow between Rothera and its own platform, forcing Kalshi to rebuild retail pipelines outside its largest brokerage channel.