[Wall Street Prime Brokers Plan to Access Prediction Markets, Clear Street and Marex Take the Lead] Odaily Planet Daily News: According to a Bloomberg report on Wednesday, major U.S. prime brokers are working to provide hedge fund clients with access to the prediction market platform Kalshi. Clear Street, valued at over $12 billion, is expected to complete the settlement of its first Kalshi transaction by the end of March. Subsequently, Marex Group, valued at approximately $2.6 billion, also plans to follow suit in the coming months. Marex's Global Head of Clearing, Thomas Texier, stated that there is strong demand for prediction markets among major financial institutions, which not only seek returns through such markets but also aim to use them as tools to hedge their own positions. Kalshi CEO Tarek Mansour noted that prediction markets are becoming a core pillar of the financial ecosystem, with billions of dollars flowing through them weekly. Although institutional adoption is accelerating, Clear Street CEO Ed Tilly emphasized that the company will proceed cautiously due to ongoing debates among U.S. state regulators regarding the classification of sports markets and the risks of insider trading. (Cointelegraph)