Sportradar Group AG (NASDAQ: SRAD) announced a multi-year agreement with Kalshi to serve as an official data and solutions provider for the prediction market platform. The partnership will provide sports data and services across major leagues including MLB, NHL, MLS, and UFC.

Under the agreement, Sportradar will supply official sports data, live odds, fan engagement solutions, customer acquisition services, and integrity monitoring capabilities. The company will also have the ability to enter agreements directly with Kalshi's partners, including brokers and market makers.

The services include real-time official data and live odds for pre-game and in-play markets, dynamic content such as scores and schedules, marketing services, and integrity monitoring through Sportradar's UFDS AI system and Integrity Exchange platform.

"Prediction markets represent a compelling growth engine for the global sports ecosystem and Sportradar is uniquely positioned to shape and power this emerging sector," said Carsten Koerl, CEO of Sportradar.

Tarek Mansour, co-founder and CEO of Kalshi, said the partnership will use official league data to ensure quicker trade settlements and create a better customer experience. The companies will also collaborate on an integrity monitoring program.

Sportradar will provide services to Kalshi and other licensed prediction market entities that operate in compliance with applicable regulations. The agreement positions Sportradar to expand its data and solutions capabilities into the prediction market sector.