Wealthsimple is launching a Kalshi-powered prediction markets app in Canada, offering access to 4,000 event contracts as regulators and exchanges worldwide debate the future of prediction markets.

The new platform helps firms monitor employee prediction market trading as Kalshi faces legal battles with states over the regulation of event contracts.

Canadian retail investors will be able to access prediction markets through a Canadian company this summer, after the platforms had been banned for years. Prediction markets are…