The agreement positions XP as the first financial institution to bring the asset class to the country, according to a statement.
The news follows an announcement last month that Brazilian stock exchange B3 would also introduce prediction markets, following approval from the country’s Securities and Exchange Commission.
Through the new partnership, clients who hold an international investment account with XP International will be allowed to access prediction markets, marking the first time Kalshi products will be made available to traders outside the US.
“As a Brazilian, I couldn’t be more excited for XP to be Kalshi’s first brokerage partner outside the US,” commented Luana Lopes Lara, co-founder and COO of Kalshi.
“XP is one of Brazil’s largest financial institutions; expanding prediction markets to Brazil is an important step in providing more people around the world with access to fair, safe, and regulated markets.”
XP looks to broaden investors’ horizons
Lucas Rabechini, director of financial products at XP Inc, added: “XP has always aimed to expand access to new ways of investing. Prediction markets introduce a new asset class to the Brazilian market, offering investors one more tool for scenario analysis, positioning, and portfolio protection.
“We believe this market has high potential to broaden and complement the current investment landscape. Just as we democratised access to the stock exchange in the past, we are now taking another step by introducing a market model already used in advanced economies, always with responsibility, education, and governance.”
Brazilian investors will now be able to add event-based contracts to their existing portfolios of equities, ETFs, bonds and derivatives, which are already available for investment via XP’s international platform.
Kalshi said that initially, the markets will focus on financial and economic events, “given their potential to increase pricing efficiency and improve market information quality”.
The companies added that access will be provided diligently, aligned with client profiles and regulatory requirements.
Dingnews.com 11/03/2026