Wealthsimple launches regulated prediction market product Wealthsimple Predict
Wealthsimple has launched Wealthsimple Predict, a regulated prediction market product for Canadian investors. The Canadian fintech platform's move into event contracts comes as competitor Polymarket has expanded into sports prediction markets, including becoming the Serie A US prediction market and partnering with Parti.com to embed live trading into livestreams. An SSRN study from March 2026 analyzed Polymarket's performance, examining 1.4 million users and US$20 billion in trading volume from November 2022 through March 2026. Wealthsimple Predict is positioned as a regulated offering for retail clients.
Wealthsimple's dual strategy — its own Predict product plus the Kalshi partnership — lets it test both proprietary and white-label models for Canadian retail demand before rivals establish market position. Competitors entering Canada now face a fintech with two distribution channels already live.
Becomes the second Canadian retail platform to enter prediction markets this week, after Wealthsimple's partnership with Kalshi brought 4,000 event contracts to Canadian investors.