Kalshi partners with StarCompliance to support monitoring of employee trading in prediction markets

General News

Summary

Kalshi has partnered with StarCompliance to help financial institutions monitor employee trading activity on prediction markets in real time. The deal addresses concerns that employees could use access to nonpublic information to profit on these platforms. StarCompliance’s software will flag suspicious activity on linked Kalshi accounts and help firms maintain compliance. The company says the current capability is limited to trade monitoring, with pre-approval functionality possibly coming later. The solution may also expand to other blockchain-based prediction markets such as Polymarket.

Classifications

industries
Fintech & Banking
applications
Data Management

AskAI Classifications

Labels
Compliance Software SaaS Financial Technology

Linked Companies

StarCompliance
$10M to $25M