Clear Street and Marex Group May Soon Offer Prediction Markets to Clients
Prime brokers Clear Street and Marex Group are preparing to offer clients access to Kalshi’s prediction markets due to growing institutional demand.Summary
US-based prime brokers Clear Street and Marex Group are preparing to provide their clients access to Kalshi’s event bets, reflecting the increasing popularity of prediction markets. Clear Street, valued at over $12 billion, anticipates its first Kalshi trade in late March, while Marex, valued at $2.6 billion, plans to follow in the coming months. Marex executives report strong demand from hedge funds seeking to utilize these markets for investment and hedging purposes. Kalshi CEO Tarek Mansour predicts accelerated institutional adoption in 2026, citing the markets’ utility in providing data and hedging. Despite enthusiasm, Clear Street’s CEO acknowledges the regulatory uncertainty surrounding the prediction market space, with ongoing lawsuits from state regulators. Industry leaders, including Nasdaq and CME, are calling for regulatory clarity to foster further adoption, as the SEC and CFTC both assert regulatory roles.
(Source：Cointelegraph)