todayonchain.com

Phantom Adds Kalshi to Wallet, Lets Users Trade Prediction Markets With Solana Tokens

CoinDesk
Crypto wallet Phantom is integrating Kalshi's prediction markets, allowing 20 million users to trade on real-world events using Solana tokens.

Summary

Crypto wallet Phantom is integrating prediction markets from the U.S.-regulated exchange Kalshi, enabling its 20 million users to trade on real-world outcomes like elections or economic events directly within the wallet interface. A key feature of this integration is the ability for users to open trades using any Solana-based tokens, including SOL, USDC, or even memecoins. Phantom is also adding a social element by introducing a chatting function to these marketplaces. This move aligns with a broader industry trend of crypto wallets expanding their functionality to become all-in-one platforms. Kalshi operates under the oversight of the Commodity Futures Trading Commission (CFTC), though the sector faces potential regulatory scrutiny regarding state gambling laws.

(Source:CoinDesk)