
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
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