Kalshi Partners With Nasdaq for Market Surveillance Technology

Kalshi, the largest CFTC-regulated prediction market in the United States, has entered into a multiyear partnership with Nasdaq to integrate the exchange giant's market surveillance technology across its platform. The collaboration, announced on August 10, 2026, aims to bolster real-time monitoring for market manipulation and insider trading as the prediction market industry faces increased regulatory scrutiny.

The agreement will see Kalshi implement Nasdaq's surveillance platform in a phased approach, layering it on top of the company's existing monitoring systems. The technology is designed to operate around the clock, covering both Kalshi's event contracts and its expanding suite of perpetual-style derivatives. A key feature of the integration is the ability to transmit trading data to the Commodity Futures Trading Commission in compliance-ready formats, streamlining regulatory reporting.

The partnership comes at a pivotal moment for Kalshi. The platform has been navigating heightened attention from regulators and lawmakers following several high-profile cases involving alleged suspicious trading activity. In recent weeks, the CFTC imposed a $35,000 penalty on former...