Update
Phantom Launches Kalshi-Powered Prediction Markets for US Users
Crypto wallet provider Phantom has launched prediction markets for eligible US users through an integration with Kalshi. The integration offers CFTC-regulated event contracts, including short-term Bitcoin price markets that settle every 15 minutes. Trades can be funded through Phantom Cash balances, denominated in the CASH stablecoin. The launch follows no-action relief granted by the Commodity Futures Trading Commission (CFTC) in March, allowing Phantom to connect users to regulated markets without registering as an introducing broker, subject to certain conditions. The service is rolling out through a new Predict tab in Phantom, with availability varying by state and market category.