Phantom integrates with Kalshi to bring prediction markets to its web3 wallet

Phantom has launched Phantom Prediction Markets within its web3 wallet via an integration with Kalshi, enabling users to discover, track, and trade tokenized positions on real-world events spanning politics, crypto, sports, and culture without leaving the application. Users can purchase these positions using Solana or Phantom's CASH stablecoin, bypassing the need for separate accounts or fund transfers to external platforms. Kalshi, which operates under CFTC oversight, designs markets around objectively resolvable outcomes. This move complements Phantom's existing features like token swaps and perpetual futures trading. The integration follows a period of significant growth for Kalshi, which recently achieved an $11 billion valuation and is seeing its data adopted by major entities like Google Finance, CNN, and CNBC, with its Robinhood integration driving over 50% of its market volume.

(Source：The Block)