NEW YORK, AUGUST 27, 2026 — Kemet, the execution and risk platform for institutional digital-asset derivatives, and FalconX, the leading digital assets prime brokerage, today announced a collaboration to enhance institutional exposure to event contracts on Kalshi, the world’s largest prediction market.
As institutional participation in prediction markets grows, firms increasingly expect the execution quality, flexibility, and controls available across more established derivatives markets. The engagement builds on Kemet’s work to support institutional trading on Kalshi and reflects FalconX’s continued momentum in prediction markets.
As one of the largest prime brokers and derivatives dealers in the digital asset space, FalconX is at the forefront of bridging institutional liquidity in frontier markets. The engagement marks the next phase of FalconX’s work with Kalshi to expand institutional access to liquidity in prediction markets. Through FalconX’s leading OTC derivatives trading desk, hedge funds, asset managers, and other counterparties can access event contract exposure with deeper liquidity to support institutional needs.
Prediction markets have grown into a genuine asset class. Institutional participation, however, has been limited less by interest than by workflow. Kemet supports institutional execution of Kalshi event contracts using algorithmic strategies including TWAP, Chase, iceberg and scale, together with order-level controls including price protection and edge limits. Event positions appear in Kemet’s normalized portfolio and risk model alongside options, perpetuals, futures and spot, giving desks a single consolidated view of exposure across their entire book.
“Prediction markets are becoming a real institutional asset class, and until now they haven’t traded like one,” said Ash Ashmawy, CEO of Kemet. “Kemet puts Kalshi in the same execution layer our clients already use for options, perps and spot — same algos, same book, same risk model. That’s what it takes for institutional flow to show up at scale.”
“For prediction markets to reach their full potential with institutional participants, they need to fit into the same execution stack and risk systems institutions rely on,” said Andy Ross, Head of Institutional, Kalshi. “This collaboration between Kemet and FalconX is another step forward in helping institutions fully incorporate Kalshi event contracts into how they trade, manage risk, and make decisions.”
“Prediction markets are quickly emerging as institutional tools for pricing and risk transfer tied to real-world outcomes,” said Joshua Lim, Global Co-Head of Markets at FalconX. “For institutional counterparties, FalconX Bravo, Inc. provides liquidity and access at scale within a CFTC-regulated framework. We believe our work with Kalshi and Kemet will help build the foundation to support growing institutional participation.”
Disclosure: FalconX is a minority investor in Kemet.
Source: Kalshi
