Kalshi is on a mission to dominate the opportunity in prediction markets. And now, they’re embracing Solana.

What’s happening:

  • Prediction market Kalshi has enabled users to be able to deposit Solana for the first time ever

How it works:‍

  • Kalshi users can now send Solana to their Kalshi account from Solana supported wallets
  • The deposits made in Solana are then instantly converted into US dollars through Kalshi’s partner Zero Hash
  • Funds are then instantly available for users to begin placing bets on Kalshi

Why it matters:‍

  • Kalshi is currently the only federally regulated, nationwide prediction market that is operating in all 50 states in America

Going deeper:‍

  • Kalshi currently supports three different digital assets for deposits outside of Solana, including Bitcoin, USDC and Worldcoin
  • Kalshi has also recently been rolling out notable partnerships with trading platforms to integrate their real world event contracts, including new partnerships with Webull (NASDAQ: BULL) and Robinhood (NASDAQ: HOOD)

The intrigue:‍

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