S&P Dow Jones Indices Partners With Kalshi to Expand Event Contracts, Explore Indexes Using Prediction-Market Data
JH Kim
Summary
- S&P Dow Jones Indices said it has entered into a partnership with prediction-market platform Kalshi.
- S&P Dow Jones Indices said it selected Kalshi as the preferred platform for event contracts tied to S&P indexes.
- S&P Dow Jones Indices said it plans to review ways to develop new indexes using Kalshi's prediction-market data.
Forecast Trend Report by Period
S&P Dow Jones Indices has partnered with prediction-market platform Kalshi. The companies plan to expand event contracts tied to S&P indexes and explore developing new indexes using prediction-market data.
Cointelegraph reported on October 26 that S&P Dow Jones Indices had formed a partnership with Kalshi and named it the preferred platform for event contracts linked to S&P indexes.
Under the partnership, Kalshi will serve as a primary platform for event contracts tied to S&P indexes.
S&P Dow Jones Indices also plans to consider developing new indexes based on Kalshi's prediction-market data. It did not disclose the types of indexes under review or a launch timeline.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.