Moomoo partners with Kalshi to enter US prediction market

Moomoo US, the mobile investment platform from Chinese fintech firm Futu, has partnered with prediction market operator Kalshi to offer trading in event contracts regulated by the U.S. Commodity Futures Trading Commission (CFTC), CoinDesk reported. Users can trade on the outcomes of major economic, political, and cultural events, including Federal Reserve interest rate decisions. Moomoo US received approval from U.S. authorities to operate a prediction market earlier this month.