Artnet partners with Kalshi on wagers tied to art sales

Artnet has partnered with prediction platform Kalshi to offer wagers linked to public art sales.

The partnership was announced ahead of New York’s major auction week.

Artnet will use its Price Database to help curate the contracts, including questions about whether an artwork sells above its estimate.

Kalshi contracts let users trade on yes-or-no outcomes in a peer-to-peer structure.

The arrangement brings together an art-market information company and a platform where users bet on predicted outcomes.

The partnership is expected to feature at Miami Art Week in December, described as its next major moment.

The announcement did not give further details about when the contracts will be available or how they will work.