Webull brokerage has partnered with Kalshi to offer event contracts on its trading platform, aiming to integrate prediction markets into brokerage services. Following a February 12 announcement, Webull customers will gradually gain access to a limited selection of cash-settled event contracts, with plans for expansion in the future. This move comes despite regulatory obstacles faced by Kalshi, particularly from the Commodity Futures Trading Commission (CFTC), which scrutinized Kalshi's sports-related event contracts amid compliance checks. After Robinhood quickly paused its launch of Super Bowl event contracts upon regulatory request, Webull steps cautiously into this sector. While both sports betting and event contracts involve predicting outcomes, the distinction lies in their operation: traditional sports betting often favors the house due to set odds, whereas prediction markets leverage collective intelligence to resolve outcomes organically.

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