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Phantom launches Kalshi-powered prediction markets for US users

MonitoringCryptoRegulatory actionFirst tracked 2026-10-23Last changed 2026-10-28

Current outcome

Phantom launched CFTC-regulated prediction markets for eligible US users through a Kalshi integration, allowing in-app trading on crypto prices, sports, and other events funded via Phantom Cash.

Progress timeline

2 material updates
  1. #01
    Initial2026-10-23 13:02 · publication time

    【Phantom 向美国用户上线 Kalshi 预测市场】

    Phantom began rolling out in-app Kalshi prediction-market trading for US users on October 23, funding trades from Phantom Cash stablecoin balances with $0.02 per-contract fees and blocking certain market categories in Michigan, Nevada and Washington, relying on a conditional CFTC no-action letter covering broker registration.

    Source evidence: foresightnews

  2. #02
    Confirmation2026-10-28 16:40 · publication time

    Phantom launches Kalshi-powered prediction markets for US users

    Phantom launched CFTC-regulated prediction markets for eligible US users through a Kalshi integration, allowing in-app trading on crypto prices, sports, and other events funded via Phantom Cash.

    Source evidence: Cointelegraph

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