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Top asset management team helps you profit without hassle
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Insider: Kalshi is the only operator in the early stages of CEX prediction markets
On December 13, CNBC citing sources familiar with the matter reported that cryptocurrency trading platform CEX is preparing to launch an internal prediction market, which will be supported by the prediction platform Kalshi. This move is part of CEX’s strategic expansion to include more asset classes on its trading platform amid some investors avoiding digital assets. The source said that CEX and Kalshi are expected to officially announce their partnership soon, with the news possibly being released as early as next week. The collaboration is not exclusive, but during the initial launch phase, Kalshi will be the sole operator of the prediction market. According to The Information, CEX will unveil the product during the “CEX System Update” event on December 17. Bloomberg also mentioned that CEX will announce the launch of tokenized stock products at the event. CEX declined to confirm the reports to CNBC but indicated that more details could be expected at their event next week.