Moomoo Partners with Kalshi to Offer Event Contracts
- Moomoo has partnered with Kalshi to provide CFTC-regulated event contracts for trading.
- Users can trade on events like Federal Reserve interest-rate decisions and the upcoming FIFA World Cup.
- Event contracts range in price from $0.01 to $1, reflecting the market’s implied probabilities.
- Combined monthly trading volume on major prediction platforms surged from under $5 billion in September to approximately $24 billion by April.
- The integration aims to enhance Moomoo’s product ecosystem, which now includes direct crypto deposits and API tools for investing.
This partnership marks a significant expansion into the growing prediction market space, providing users with new tools for analyzing real-world events through trading. Moomoo’s collaboration with Kalshi aligns with increasing investor interest in event-driven markets.
With the combined monthly volume of prediction markets reaching about $24 billion, Moomoo is positioning itself as a key player by integrating these innovative trading options into its platform.
