Exchanges· ★★★· neutral·

Phantom Begins US Rollout of Kalshi Prediction Markets With ID Checks

  • —Rollout was announced October 23 and will expand over the coming weeks
  • —Kalshi holds and approves trading accounts and executes orders; Phantom only submits trades
  • —Phantom receives a share of Kalshi exchange fees and may charge its own commission
  • —The product relies on CFTC no-action relief from March; Phantom itself is not CFTC-registered
Why it matters: A major non-custodial wallet is moving into regulated prediction markets, widening US retail access to event contracts.
Source: Bitcoin Insider