Phantom users can now trade on real-world events directly inside the wallet, thanks to a new integration with prediction market operator Kalshi. The feature, announced Friday, introduces “Phantom Prediction Markets,” giving users a way to discover, track, and take positions on political, economic, sports, and cultural events without switching apps.
Phantom says opening a position is designed to feel familiar to crypto users — as straightforward as swapping a token. Through the integration, users can buy tokenized positions tied to Kalshi’s markets using Solana or Phantom’s CASH stablecoin. There’s no need to create a separate Kalshi account or move funds elsewhere.
The wallet now displays live prices, odds, scores, and market updates, and pushes notifications when an event settles. Each market includes a community chat where users can compare views and follow sentiment as conditions shift.
Kalshi has been expanding quickly. The platform recorded $5.8 billion in activity last month across a mix of political, economic, and entertainment markets, according to data. It operates under CFTC oversight and structures its markets around clearly defined outcomes that can be resolved with publicly verifiable data.
For Phantom, prediction markets add another tool to a growing lineup that already includes token swaps and perpetual futures.
“We built Phantom to make crypto feel intuitive for everyone, and now we’re bringing that same simplicity to prediction markets,” CEO Brandon Millman said.
The launch comes as prediction markets draw increasing attention across both traditional and crypto platforms. Kalshi recently raised $1 billion at an $11 billion valuation, while competitor Polymarket secured a $2 billion investment earlier this year and is reportedly discussing a new round at up to a $15 billion valuation. Kalshi’s data has also been adopted by major organizations including Google Finance, CNN, CNBC, and the NHL, and its partnership with Robinhood now accounts for more than half its trading volume.
“Phantom opens a major new channel for growth by bringing our markets to millions of crypto-native users who want to express opinions on real-world events,” Kalshi CEO Tarek Mansour said.
He added that the company aims to establish as strong a presence onchain as it has offchain, with Phantom playing a key role in that effort.
With this integration, prediction markets are becoming more accessible to everyday crypto users, marking another step in the blending of blockchain tools and mainstream financial experiences.
