Kalshi partners with Redstone to bring CFTC-regulated prediction market data on-chain
Summary
Kalshi, a prediction market regulated by the CFTC, has formed a partnership with RedStone, a modular oracle provider, to integrate its event data onto the blockchain. This collaboration utilizes RedStone's pull-based oracle infrastructure to deliver Kalshi's prediction market outcomes across multiple blockchain networks. The integration aims to provide DeFi developers with access to real-world outcome information derived from CFTC-compliant prediction contracts, enabling the creation of new decentralized applications that rely on secure, real-time event resolution data.
(Source:Crypto Briefing)