S&P Global Announces Another Big Crypto Move, Partners with Kalshi

S&P Global is extending its index business into prediction markets through a partnership between S&P Dow Jones Indices and Kalshi.

This comes as the financial information provider continues to expand its digital asset strategy following its completed acquisition of blockchain security firm OpenZeppelin.

Announced on October 26, the agreement will allow Kalshi to offer event contracts linked to S&P Dow Jones Indices benchmarks. Meanwhile S&P Dow Jones Indices will use Kalshi’s event contract data to develop new indices tracking real-world outcomes.

The partnership brings together S&P Global’s benchmark expertise and Kalshi’s prediction-market data. It opens a new route for financial products built around expectations of future events.

What is the S&P Global and Kalshi Deal About

Under the agreement, forthcoming Kalshi event contracts will settle against official index values published by S&P Dow Jones Indices. The companies will also explore indices covering economics, politics and sports, using market prices to track how expectations change over time.

Kalshi CEO and co-founder Tarek Mansour described the partnership as an extension of the model that helped make traditional stock-market indices central to global finance.