CatalystDerivatives
Kalshi strikes a deal with S&P Dow Jones Indices to expand financial event contracts. That puts prediction-market products next to benchmark distribution, a credibility unlock for the category. The te
Kalshi's S&P Dow Jones Indices deal expands financial event contracts, a derivatives catalyst.
Context
What happened: S&P Dow Jones Indices partnered with Kalshi, making Kalshi a preferred platform for event contracts tied to S&P DJI benchmarks, settled on official index values.
Key numbers: S&P Global said OpenZeppelin's open-source contract libraries underpin more than $38 trillion in value transferred, with over 900 security engagements.
Why it matters: The deal adds S&P DJI to Wall Street firms expanding into prediction markets, and S&P DJI will explore indexes built on Kalshi's event contract prices to measure expectations rather than asset performance.
What changed
S&P Dow Jones Indices partnered with Kalshi, making Kalshi a preferred platform for event contracts tied to S&P DJI benchmarks, settled on official index values.
Why it matters
The deal adds S&P DJI to Wall Street firms expanding into prediction markets, and S&P DJI will explore indexes built on Kalshi's event contract prices to measure expectations rather than asset performance.