Talos plugs institutional clients into Kalshi event contracts and perpetuals
Institutional trading platform Talos has integrated with Kalshi to give hedge funds, market makers, and professional trading desks access to Kalshi's regulated event contracts and crypto perpetuals through Talos's existing execution infrastructure. The partnership requires no separate integration for users already on Talos's systems. The move targets systematic and algorithmic traders seeking low-latency API access to event-driven products on a CFTC-regulated venue.
Kalshi gains a direct pipeline to institutional capital that previously sat outside prediction markets. Talos's hedge fund and market maker clients can now deploy algorithmic strategies on Kalshi's event contracts without building bespoke infrastructure, lowering the cost of entry for systematic players.
This matters because Kalshi is losing retail flow to vertically integrated rivals: Robinhood already routes 16% of event-contract volume through Rothera, DraftKings built its own DKeX exchange, and Underdog just launched UDX. Talos offers Kalshi a counterweight — institutional volume that competitor platforms have not yet captured. The first quarter of trading data will show whether these new participants bring enough liquidity to tighten spreads and defend Kalshi's market position against owned-exchange rivals.