Moomoo expands into prediction markets through Kalshi partnership

CoinDesk·

Moomoo expands into prediction markets through Kalshi partnership

60-second summary

Moomoo is expanding into prediction markets through its partnership with Kalshi, offering CFTC-regulated event contracts tied to economic data, elections, and major sporting events directly within its app. This integration will allow users to bet on various outcomes, with Kalshi's contracts available for trading in real-time. Market implications include increased user engagement and potential revenue streams for moomoo.

Retail trading platform moomoo has partnered with Kalshi to offer CFTC-regulated event contracts tied to economic data, elections and major sporting events directly within its app.