Kalshi begins supporting tokenized betting on Solana… On-chain trading and anonymity strengthened

Source
Suehyeon Lee

Summary

  • Kalshi has begun officially supporting tokenized event contract trading on Solana.
  • It stated that anonymity and the transparency of ownership transfers have been strengthened through on-chain trading.
  • With DFlow and Jupiter participating, cross-network liquidity efficiency and large-order processing are expected to improve.
Photo=T. Schneider/Shutterstock
Photo=T. Schneider/Shutterstock

U.S. decentralized prediction market platform Kalshi has officially begun supporting the ability to tokenize and trade its event contracts on the Solana (SOL) network.

On the 2nd (local time), CNBC reported that Kalshi enabled tokenization and trading of its event contracts on Solana. This allows users to place bets in the same structure as existing off-chain contracts while gaining additional anonymity and transparency of ownership transfers through on-chain trading.

Institutional participation will also be strengthened. DFlow and Jupiter are participating as institutional partners, taking on the role of connecting Kalshi's off-chain order book to Solana liquidity. This is expected to improve large-order processing and cross-network liquidity efficiency.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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