Phantom, the crypto wallet trusted by over 20 million users, has teamed up with Kalshi, the world’s largest regulated prediction market, to introduce Phantom Prediction Markets—a new way for users to trade real-world events directly inside the wallet they already use.

The integration allows users to tap into trends across politics, sports, crypto, and culture, opening positions as easily as swapping a token. Markets are tokenized positions referencing Kalshi’s regulated prediction markets, and users can track live prices, odds, scores, and updates in real time.

Trading Without Friction

Phantom users can purchase positions using Solana tokens or CASH, eliminating the need for additional accounts or fund deposits. Each event features a live community chat, enabling users to share insights, track sentiment, and react quickly to odds changes. This social element complements Phantom’s existing trading tools, including token swaps and perpetuals, making the wallet a single destination for both DeFi and prediction markets.

“We built Phantom to make crypto feel intuitive for everyone, and now we are bringing that same simplicity to prediction markets,” said Brandon Millman, CEO of Phantom. “Users can trade what they care about in real time alongside the community where they already explore DeFi, perps, stablecoins, and more.”

Kalshi Brings Regulated Market Expertise

Kalshi operates under CFTC oversight and has pioneered the institutionalization of event trading in the U.S. Its markets allow participants to trade on objectively resolvable outcomes in global news, sports seasons, economic releases, and entertainment events. With Phantom integration, these markets are now accessible on-chain, opening new growth channels to crypto-native users.

“Phantom opens a major new channel for growth by bringing our markets to millions of crypto-native users,” said Tarek Mansour, CEO of Kalshi. “Partnering with Phantom is a significant step in helping us expand on-chain, just as we have off-chain.”

By combining Phantom’s wallet interface and community with Kalshi’s regulated event markets, the integration creates a frictionless, social, and real-time trading experience, positioning both companies to capture the growing intersection of DeFi, prediction markets, and tokenized event trading.