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Markets

Phantom Rolls Out Kalshi Prediction Markets

Phantom users can now fund Kalshi prediction trades using CASH stablecoins, with certain state-level restrictions in place.

Phantom Rolls Out Kalshi Prediction Markets
Image: BullishMarketCap

Crypto wallet provider Phantom has rolled out Kalshi prediction markets to users in the United States, according to TheBlock. The integration allows users to fund their trades using CASH stablecoins.

State Restrictions

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While the rollout makes prediction markets accessible to a broader user base, market restrictions have been applied in specific regions. According to the report, users in Michigan, Nevada, and Washington are currently restricted from participating in these markets.

Platform Stance

Phantom stated that it remains confident and comfortable with the rollout despite ongoing state lawsuits facing the sector.

Key facts

  • Phantom integrated Kalshi prediction markets for US users.
  • Trades are funded using CASH stablecoins.
  • Restrictions apply in Michigan, Nevada, and Washington.
  • The company stated it is confident and comfortable amid state lawsuits.
#Phantom#Kalshi#PredictionMarkets

Source: theblock.co

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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