FalconX partners with Kalshi to funnel institutional capital into prediction markets
Crypto prime brokerage FalconX has partnered with Kalshi, which the sources describe as the world's largest prediction market by monthly trading volume, to bring institutional capital and liquidity into prediction markets. The LinkedIn announcement framed prediction markets as moving beyond their niche origins. Neither source included deal terms, timeline, or specifics on products to be offered. Both sources described the partnership's purpose in similar terms — targeting institutional participation in a market segment that has historically drawn retail traders. FalconX provides prime brokerage services to institutional crypto investors, while Kalshi operates as a regulated U.S.-based prediction market platform with federal authorization through the Commodity Futures Trading Commission.
FalconX's existing institutional client base now has a direct on-ramp into Kalshi's CFTC-regulated markets, potentially accelerating Kalshi's bid to scale monthly volume beyond retail-driven event contracts before competitors like Polymarket secure comparable brokerage partnerships.