Kalshi, a regulated prediction market platform, has partnered with fintech infrastructure provider FIS to launch FIS CD Prediction Clearing, a clearing and settlement system designed to enable institutional participation in U.S. prediction markets. The infrastructure addresses a critical gap in market maturity by providing the institutional-grade settlement mechanisms required for large-scale professional trading.
The clearing platform streamlines the post-trade process for prediction market contracts, reducing operational friction that has historically limited institutional adoption. By leveraging FIS's existing financial infrastructure expertise, the system integrates with traditional banking and settlement workflows, allowing institutional investors to participate alongside retail traders without creating separate operational silos.
The partnership signals growing confidence in prediction markets as a legitimate institutional asset class. Kalshi has secured regulatory approval from the Commodity Futures Trading Commission (CFTC) to operate as a designated contract market, distinguishing it from unregulated crypto derivatives platforms. This move positions the company to capture institutional capital as regulatory clarity around derivatives trading continues to improve.