defi · · 2 outlets

Phantom launches Kalshi-powered prediction markets for US users

Phantom has expanded its offering of prediction markets to US users.


This new integration within the crypto wallet provides access to event contracts that are regulated by the CFTC through Kalshi.

This development occurs as prediction markets in the United States are confronting increasing legal scrutiny.

Trading via this feature requires users to have verified Kalshi accounts.

However, the wallet's regional guide specifies exclusions for certain states, namely Michigan, Nevada, and Washington.

These regulatory considerations highlight the evolving landscape for decentralized finance applications interacting with traditional financial oversight.

Earlier coverage

Reported by CoinTelegraph and thedefiant.io.

Topics: defi, regulation.

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