Prime Brokers Bet on Prediction Markets — but US Lawmakers Are Already Pushing Back

After attracting retail and institutional interest, prediction markets are now attracting attention from a foundational part of Wall Street. Major prime brokers are moving to give clients access to event-based bets on the prediction market platform Kalshi. Wall Street’s Prime Brokers Make Their Move According to Bloomberg, Clear Street, a prime broker serving hedge funds and sophisticated traders, is expecting to clear its first trade on Kalshi later this month. The firm plans to offer it more broadly later in 2026, according to its chief executive officer, Ed Tilly source: https://beincrypto.com/prime-brokers-prediction-markets-record/