Kalshi has announced its collaboration with Public, an AI brokerage company, to allow members to program and dispatch AI agents to manage their portfolios.
According to the joint press release, the aim is to grant users the ability to automate their trading strategies. This can be anything from sending alerts about specific news to buying and selling on users' behalf.
To avoid unintended trades, Public's agents convert each request into a visual plan that the user must review and approve.
AI is quickly becoming a growing trend among brokerage firms. In July, companies like eToro and Robinhood launched fully automated AI agents capable of recommending investments and executing trades.
The partnership further strengthens Kalshi's position as a CFTC-regulated financial exchange, as the debate regarding whether the platform should be considered a sports-betting operator rages on.
Earlier this week, the National Council of Legislators from Gaming States (NCLGS) asked the US Supreme Court to review the dispute between the company and the state of New Jersey.
The NCLGS argues that prediction markets operate as sports-betting services; therefore, regulation should fall under state, not federal, jurisdiction.
Kalshi has requested the CFTC to allow for margin trading on everything but sports, culture and "mention" markets
