Regulated Prediction Markets

Wealthsimple Has Launched Wealthsimple Predict

Wealthsimple announced Wealthsimple Predict, a standalone app that gives Canadian retail investors access to roughly 4,000 Kalshi event-based contracts across climate, financial markets and economic indicators. The app, launching this summer, follows Wealthsimple's authorization from the Canadian Investment Regulatory Organization, making it the second investment dealer approved to offer prediction market trading in Canada.

Each contract poses a yes-or-no question about a real-world outcome and settles at $1 or $0 upon resolution, with prices reflecting the market's collective probability estimate. Wealthsimple built education and guardrails into onboarding, including a guided first trade, risk disclosures and liquidity warnings for lower-activity markets. Access is limited to Canadian residents who complete standard identity verification.

Wealthsimple's launch shows how regulated financial platforms are beginning to bring real-world event trading to mainstream retail investors.

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