Crypto wallet Phantom has launched prediction markets for eligible US users through an integration with Kalshi, letting them trade on crypto prices, sports and other real-world events within its app. The offering includes CFTC-regulated event contracts such as short-term Bitcoin price markets that settle every 15 minutes, and trades can be funded with Phantom Cash balances denominated in the CASH stablecoin. Kalshi handles customer verification, account management and trade execution, while Phantom provides access through a new Predict tab, with availability varying by state and market category. The launch follows no-action relief the CFTC granted in March, which lets Phantom connect users to regulated markets without registering as an introducing broker, while the agency sued Utah on Monday after the state challenged Kalshi's event contracts under its gambling laws. Despite the legal dispute, Kalshi recorded $10.8 billion in crypto contract volume over the 30 days ending Oct. 27, up 19.6% from the previous period.
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Related tickers and likely impact
SOL/USDT
• NeutralSolana
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $59.7B |
| Close on 10/27/2026 | 101.35 |
| Change that session | +0.40% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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