Public integrates Kalshi to offer AI-driven event trading to retail investors
Public, an investing app, has partnered with Kalshi to allow users to deploy AI agents that can automatically trade prediction market contracts or use that data for portfolio decisions. Users define strategies, which the AI converts into fixed rules that must be approved before execution. The move is part of Public's effort to become an 'agentic brokerage' for self-directed investors.
Public's integration with Kalshi gives retail investors access to event contracts covering topics like Federal Reserve decisions, regulatory approvals, and company metrics. The AI agent converts user requests into fixed, visual rule plans that require explicit approval before activation, and the agent cannot execute trades outside those approved conditions. This launch follows broader momentum in agentic finance, with major payment companies like Visa, Mastercard, and Stripe building similar AI-agent tools. Prediction markets have also grown significantly since the 2024 presidential election, with Kalshi and Polymarket reaching multibillion-dollar valuations. Public, backed by Accel and Tiger Global, manages billions in assets and targets active, self-directed investors rather than those using wealth managers.
This product could broaden retail investors' access to event-driven trading strategies that were previously complex to execute manually, potentially increasing participation in prediction markets. However, it may also introduce risks if users over-rely on automated agents without fully understanding the underlying contracts or market dynamics. The integration could influence how everyday investors incorporate real-world event data into portfolio decisions, though regulatory attention on AI-driven trading tools may intensify as such offerings become more common across brokerage platforms.