Phantom Partners with Kalshi to Bring Regulated Prediction Markets On-Chain

Phantom has teamed up with regulated prediction exchange Kalshi to integrate event-driven trading directly into its wallet. The new Phantom Prediction Markets feature allows users to browse upcoming events, view odds, and trade tokenized positions linked to Kalshi’s regulated markets across politics, economics, sports, and culture — all without leaving the app.

This collaboration comes as major crypto platforms intensify their push into the U.S. prediction market space. Gemini’s Titan recently secured CFTC approval to offer event contracts tied to equities, while Coinbase is reportedly developing a competing product.

Regulatory scrutiny remains significant. Authorities in Connecticut recently issued cease-and-desist orders against several platforms, prompting Kalshi to seek and obtain temporary

federal court protection to continue operations.

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