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Markets23h 17m ago

Canadian fintech Wealthsimple is preparing to launch Wealthsimple Predict, a new prediction markets app built on Kalshi contracts, following regulatory authorization from CIRO.

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Canada

Who
Wealthsimple, Kalshi, Canadian Investment Regulatory Organization (CIRO), Canadian retail investors, CME Group, U.S. Commodity Futures Trading Commission (CFTC)
What
Canadian fintech Wealthsimple is preparing to launch Wealthsimple Predict, a new prediction markets app built on Kalshi contracts, following regulatory authorization from CIRO.
When
Thu, 18 Jun 2026 12:00:00 GMT · 23h 17m ago
Where
Canada ·
Why
The launch aims to provide Canadian retail investors with regulated access to thousands of event-based contracts across financial markets, economic indicators, and climate.
The Frontline Impact

How this affects you

This initiative expands regulated prediction market access for retail investors in Canada, while also highlighting ongoing global regulatory scrutiny and legal challenges from established exchanges regarding the classification of such derivatives.

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