Kalshi Partners with Solana to Tokenize Prediction Market Contracts

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Derived from Odaily, Kalshi, the first and only CFTC-regulated prediction market in the U.S., has begun allowing users to trade tokenized versions of its event contracts on the Solana blockchain. This move connects Solana's liquidity to a U.S.-compliant market, with Kalshi's head of crypto, John Wang, stating the platform aims to scale by accessing the $3 trillion digital asset market. Kalshi has integrated with DeFi protocols like DFlow and Jupiter and announced a $2.05 million grant program, with Axiom as its next official partner. The platform recently raised $10 billion in an 11-month funding round led by Sequoia Capital and CapitalG, valuing it at approximately $110 billion.

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