Phantom, a crypto wallet trusted by more than 20 million users, and Kalshi, the world’s prediction market, introduced a new way to trade what’s trending. With Phantom Prediction Markets, users can tap into the moments shaping politics, crypto, sports, and culture, discovering markets and watching odds move in real time, all from inside the wallet they already use. Opening a position is described as being as straightforward as swapping a token.
Kalshi’s steady volumes, user growth, and expanding open interest across political, economic, and cultural markets, “combined with Phantom’s wallet features and user base, provide Phantom users with an experience that meets them where they already are.”
Phantom enables individuals to use Solana tokens or CASH, “removing the friction of depositing funds or creating additional accounts, to purchase tokenized positions that reference Kalshi’s Prediction Markets.”
Throughout each event, users can follow “live prices, odds, scores, and updates as they unfold, with notifications delivered when markets and positions settle.”
Phantom Prediction Markets introduce a social element “to trading on Phantom.”
Each market features a live community chat “where users can share ideas, track sentiment, and engage in fast-moving conversations as odds shift.”
Prediction Markets also complement Phantom’s trading tools, including swapping tokens and perps, “creating a single destination for accessing new financial activities.”
Kalshi, which currently operates under CFTC oversight, claims it has “led the institutionalization of event trading in the United States.”
Its markets allow participants to trade “on well-defined and objectively resolvable outcomes across global news, sports seasons, economic data releases, entertainment events.”
Recently, various third parties announced they have “onboarded with Kalshi and would mint tokens referencing positions held on Kalshi markets, offering users the opportunity to trade tokenized positions on-chain.”
Founded in 2018, Kalshi is one of the world’s largest prediction markets.
Prediction markets now aim to “provide accurate, real-time information on the likelihood of events, making humanity more informed about the future.”
As noted in the update, Kalshi is credited with legalizing as well as “establishing prediction markets as a financial asset class.”
It’s now a regulated platform used by people across America.