Summary
- Phantom said it introduced a prediction market feature to its Web3 wallet through integration with Kalshi.
- Phantom users can directly participate in various real-time event prediction markets using SOL or the stablecoin CASH.
- The collaboration is based on Kalshi's recent increase in trading volume and user inflows, and is expected to strengthen access to crypto assets compared to competitor Polymarket.
Phantom is entering the prediction market.
On the 12th (Korea Standard Time), crypto-focused media outlet The Block reported that Phantom integrated with Kalshi to introduce a prediction market feature into its Web3 wallet. Phantom users can participate in prediction markets for various real-time events, including politics, sports, crypto assets, and culture.
Users can open positions directly using SOL or Phantom's stablecoin, CASH, a virtual asset pegged to fiat currency.
This integration was made based on Kalshi's recent surge in trading volume and user numbers in its political, economic, and cultural markets.
Furthermore, through collaboration with Phantom, Kalshi is expected to address its shortcoming of limited access to crypto assets compared to industry competitor Polymarket.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
