Quick take:
- Users will be able to place their predictions using Solana tokens or Cash, creating a frictionless trading experience.
- They will also be able to follow live events, prices, odds, scores, and updates as they unfold, with notifications delivered when markets and positions settle.
- The crypto wallet provider is also adding a social element to Phantom Prediction Market, allowing users to chat, share ideas, and track sentiment on various events.
Phantom, a leading crypto wallet service provider, has announced a partnership with the prediction markets platform Kalshi to bring prediction market trading to its users.
According to the press release seen by NFTgator, the integration will enable Phantom’s more than 20 million users to predict outcomes of various real-world events, including politics, sports, and culture, as well as crypto assets.
Phantom Prediction Markets allows users to place their trades using Solana tokens or Cash, which the company says removes the friction of depositing funds or creating additional accounts.
Users will be able to track their positions by following live events, prices, odds, scores, and updates as they unfold, with notifications delivered when markets and positions settle. Phantom is also adding a social element to Phantom Prediction Market, allowing users to chat, share ideas, and track sentiment on various events.
Commenting on the announcement, Brandon Millman, CEO of Phantom, said in a statement: “We built Phantom to make crypto feel intuitive for everyone, and now we are bringing that same simplicity to prediction markets. By integrating a layer of tokenized positions referencing Kalshi’s regulated event markets with Phantom, users can trade what they care about in real time alongside the same community where they already explore DeFi, perps, stablecoins, and more.”
The announcement comes just over two months after news that MetaMask, another leading crypto wallet service provider, would be integrating Polymarket’s prediction market services.
Tarek Mansour, CEO of Kalshi, commented: “Phantom opens a major new channel for growth by bringing our markets to millions of crypto-native users who want to express opinions on real-world events. At Kalshi, we’re looking to be a leader on-chain like we are off-chain, and partnering with Phantom is a significant step in helping us achieve that goal.”
Stay on top of things:
Subscribe to our newsletter using this link – we won’t spam!
