Phantom launched a new feature called "Prediction Markets" within its digital wallet, in partnership with the Kalshi platform.
This feature allows users to trade on the outcomes of real-world events such as news and public events directly from within the wallet.
The mechanism relies on purchasing digital tokens linked to a specific outcome, and once the event is settled, results are automatically reconciled using stablecoins, providing a seamless and integrated experience within the Web3 environment.
This step reflects the trend of digital wallets towards expanding their functionalities to include innovative financial tools that go beyond just storage and transfer.
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