CNBC and Kalshi have entered a multi-year, exclusive partnership that will put Kalshi’s real-time prediction market data across CNBC’s TV, digital, and subscription platforms starting in 2026.

This story is an excerpt from the Unchained Daily newsletter.

CNBC will integrate Kalshi’s prediction data into shows like “Squawk Box” and “Fast Money,” including an on-screen Kalshi-branded ticker showing market-implied probabilities for events such as Fed moves, elections, and key economic releases.

Kalshi will also host a CNBC-branded page on its platform featuring markets curated by CNBC, giving users a way to trade directly on questions highlighted in CNBC coverage.

The newsroom deal follows a similar partnership with CNN announced earlier this week, where Kalshi became CNN’s official partner in providing real-time probability data to CNN’s newsroom.