Phantom Rolls Out Kalshi Prediction Markets to US Users
Phantom integrates Kalshi prediction markets for US users, allowing trades to be funded with CASH stablecoins despite ongoing state lawsuits.
Phantom Rolls Out Kalshi Prediction Markets to US Users
Phantom integrates Kalshi prediction markets for US users, allowing trades to be funded with CASH stablecoins despite ongoing state lawsuits.
Kalshi Prediction Markets Arrive on Phantom
Phantom has officially rolled out Kalshi prediction markets to users in the United States. According to the announcement, users will be able to fund their trades using CASH stablecoins.
The integration brings event contracts directly to the platform, though certain restrictions remain in place. Specifically, market restrictions have been applied to users located in Michigan, Nevada, and Washington.
Navigating Regulatory Headwinds
The rollout moves forward as the platform expresses confidence regarding its positioning. Leadership remains comfortable with the deployment despite facing various state-level lawsuits.
Prediction markets continue to gain traction across the broader financial technology sector. Platforms like Robinhood have also reported increasing demand for event contracts tied to commodities, cryptocurrencies, and macroeconomic indicators, even as sports-related contracts encounter regulatory challenges from state gambling authorities.
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