Prediction market platform Kalshi Inc. is expanding outside the US for the first time, partnering with Brazil’s XP Inc. to list event contracts. Kalshi will start offering yes-or-no contracts tied to Brazil’s economy, on events such as changing inflation and interest rates in the country, co-founder Luana Lopes Lara said. Those contracts will be available for Kalshi’s US investors and select XP users in Brazil, according to executives.
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Kalshi teams up with Brazil’s XP for first international push
“We see a lot of structured notes and options of interest rates being traded on the traditional markets,” he said. “In prediction markets, we see something comparable in terms of assets and payoff.”
