Talos Integrates With Kalshi, Bringing Institutional Trading Tools to Prediction Markets

Institutional crypto trading platform Talos has integrated with Kalshi, allowing select clients to trade the prediction market operator's event contracts and crypto perpetuals through the same infrastructure they use for digital assets. Talos will offer algorithmic order types including Iceberg, TWAP and POV, along with multi-leg execution for spread trades and block trade capabilities via its request-for-quote platform.

The integration comes as prediction markets hit record activity. According to CoinGecko, notional trading volume reached $113.8 billion in Q2, up 48.7% from Q1, with June's $52.8 billion marking a new monthly record. Kalshi expanded its lead among prediction market platforms, increasing its market share to 58.9% from 42.4% in Q1, while Polymarket's share fell to 30.2% from 35.8%.