Daily fantasy sports operator PrizePicks has announced a prediction-markets feature within its app, thanks to a new deal with prediction market company Kalshi.
The partnership with Kalshi follows an announcement last week that PrizePicks would partner with Kalshi rival Polymarket, allowing users to engage with Polymarket’s event contracts on the PrizePicks app.
The new prediction markets are offered through Performance Predictions, a federally approved Futures Commission Merchant, which means that PrizePicks can list federally regulated event contracts.
The integration will allow users to make predictions on outcomes in sports, entertainment, and cultural events from Kalshi’s catalogue of markets. The rollout extends across 38 states and Washington, DC, and will significantly increase the types of events with which PrizePicks users can engage.
