Wealthsimple launches Kalshi-powered prediction market app for Canadian investors

The offering follows regulatory approval earlier this year and comes as prediction markets face legal challenges from regulators, exchanges and policymakers around the world.

Canadian fintech Wealthsimple is launching a prediction markets app powered by Kalshi, giving that country's retail investors access to thousands of event-based contracts following regulatory approval earlier this year.

The standalone app, called Wealthsimple Predict, is scheduled to launch this summer and will offer Canadian users access to about 4,000 event contracts listed on Kalshi across categories including financial markets, economic indicators and climate.

Source: Kalshi

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