Phantom brings Kalshi prediction markets to US users as legal fights mount

Phantom, one of the most popular wallets on Solana, is putting prediction markets directly inside its app for US users. Through an integration with Kalshi, users can now trade event contracts on politics, sports, the economy and crypto without leaving the wallet. How the Phantom and Kalshi integration works The integration was officially announced in December 2025. It puts Kalshi’s markets in front of a user base of approximately 20 million Phantom users. Inside the app, users can trade tokenized positions across Kalshi’s markets. The feature includes real-time odds, notifications when contracts settle, and a community chat. Trading requires a linked Kalshi account and full identity verification, known as KYC, short for “know your customer.” Users need to provide a US phone number and a government-issued ID, and they may also go through Socure checks. Funds also stay separate. Balances held on Kalshi do not live in the user’s Phantom wallet. Phantom acts as the front door, while Kalshi keeps custody of the money used for trading. Phantom announced that it will shift its prediction market infrastructure away from Kalshi’s backend after June 2026, allowing for automatic on-chain sett...