In short
- Phantom wallet integrated Kalshi’s prediction markets, allowing more than 20 million users to trade politics, sports and culture directly within the app.
- The integration includes social features such as live community chat and real-time updates, making trading prediction markets as easy as exchanging tokens.
- This follows a broader trend of prediction markets expanding into portfolios and media and sports platforms.
Crypto wallet Phantom, which claims to have more than 20 million users, said Friday it is partnering with prediction market platform Kalshi to integrate its markets directly into the wallet app.
This integration will allow users to trade trending topics in politics, crypto, sports and culture directly within their existing Phantom wallet, with the app developer saying it will make prediction market trades as easy as token swaps.
Users can purchase tokenized positions referencing Kalshi’s prediction markets Solana tokens or Phantom’s CASH stablecoinThis eliminates the need for separate deposits or new accounts. The platform provides real-time updates on prices, opportunities and event developments, with notifications when markets settle down.
A key feature is the social trading element, with each market including live community chat that allows users to share insights and track sentiment as odds change. This complements Phantom’s existing trading tools, creating a comprehensive platform for various financial activities.
“We built Phantom to make crypto feel intuitive for everyone, and now we’re bringing that same simplicity to the prediction markets,” Phantom CEO Brandon Millman said in a statement. “By integrating a layer of tokenized positions that reference Kalshi’s regulated event markets with Phantom, users can trade what they care about in real-time, alongside the same community where they already explore DeFi, offenders, stablecoins and more.”
Phantom’s integration continues a recent trend of platforms placing their prediction markets directly into wallets where users interact with their crypto holdings, not to mention news and financial platforms, sports broadcasts and beyond.
Recently, rival prediction market Polymarket announced a integration within MetaMaskConsensys’ Ethereum-focused wallet. And Myriad – a prediction market platform operated by Declutter‘s parent company, Dastan, is integrated within Trust Wallet. (Disclaimer: Consensys is one of 22 investors in an editorially independent Declutter.)
Prediction markets are also being widely integrated elsewhere, with media outlets such as CNN and CNBC recently announcing a partnership with Kalshi, while the UFC working with Polymarket and the NHL has granted a license to both platforms.
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