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