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Project update
Phantom opens Kalshi prediction markets to US users amid state lawsuits

Phantom opens Kalshi prediction markets to US users amid state lawsuits

The Solana wallet now lets verified US users trade Kalshi event contracts directly inside the Phantom app, covering politics, sports, the economy and crypto. Trades are funded with CASH stablecoins and require a linked Kalshi account with full KYC.


Market restrictions apply in Michigan, Nevada and Washington. Phantom says it is "confident and comfortable" launching while several states pursue Kalshi in court, including a Utah Attorney General suit filed on October 20 alleging illegal gambling operations.



The integration puts Kalshi markets in front of roughly 20 million Phantom users.


The core dispute is whether state gambling laws apply to CFTC-registered event contracts. Until courts settle it, access in some jurisdictions could shrink.