U.S. prediction market Kalshi Inc. is launching its first international expansion through a partnership with XP Inc., Brazil's largest brokerage. The collaboration introduces regulated event contracts to the Brazilian market. Investors will gain the ability to trade on real-world outcomes, including economic data releases.
XP Inc. will manage local distribution and client relationships within Brazil. Kalshi will provide the underlying trading technology and market design for the platform.
Initial offerings will feature yes-or-no contracts tied to Brazilian economic indicators such as inflation and interest rates. These products will first be available to Kalshi’s U.S. investors and a select group of XP clients.