Phantom Users Can Fund Kalshi Trades With CASH Stablecoin…
By Abdelaziz Fathi
AI summary of the source article
Crypto wallet provider Phantom is expanding U.S. access to Kalshi prediction markets starting October 23. The in-wallet integration operates under CFTC relief and allows users to fund trades using Cash balances or supported Solana tokens.
Why it matters
Prediction markets give Phantom another reason to keep trading activity inside its wallet, while Kalshi gains distribution without requiring users to begin their journey on the exchange's own app.
Key facts
- Phantom is rolling out access to Kalshi event contracts for U.S. users starting October 23, charging a $0.02 fee per contract traded.
- Users can fund positions via their Phantom Cash balance or supported Solana tokens, with return payouts processed through Stripe.
- The setup relies on CFTC staff relief granted to Phantom as a technology provider rather than an introducing broker, while applying state-specific restrictions.
Source excerpt · FinanceFeeds
Crypto wallet provider Phantom is expanding access to Kalshi prediction markets for U.S. users, creating an in-wallet route to federally regulated event contracts while applying different market restrictions across states where Kalshi remains locked in legal disputes. The U.S. rollout begins October 23 and will expand over the coming weeks. Users must complete Kalshi identity verification before t…