Wall Street Bond-Trading Hub Tradeweb Strikes Deal With Kalshi

Electronic trading platform Tradeweb Markets Inc. signed a deal to bring Kalshi Inc.’s prediction markets to more institutional investors.

Tradeweb, known for its fixed-income offerings, will start showing real-time prices for Kalshi’s event-based contracts and distribute that data to its users. It’s also considering adding trading capabilities for prediction markets down the line, according to Chief Executive Officer Billy Hult.