Update
Phantom Adds Bitcoin and Sports Prediction Markets
Phantom, a cryptocurrency wallet, has expanded its services by integrating Kalshi, which allows eligible US users to speculate on real-world events through its wallet. This integration brings regulated event contracts into the app, covering cryptocurrency prices, sports, and other outcomes. Users can access the service through Phantom’s new Predict tab and explore live market data, sports scores, and market discussions before placing trades. The platform offers short-term Bitcoin contracts that settle every 15 minutes, funded through Phantom Cash balances denominated in the CASH stablecoin. Kalshi manages customer verification, accounts, and trade execution. The CFTC granted Phantom no-action relief in March, allowing the wallet to connect users with regulated markets under specific conditions.