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News · Crypto · Cointelegraph · Wed, Oct 28, 2026 5:00 PM

Phantom Wallet Adds Kalshi Prediction Markets for U.S. Users

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Phantom wallet now offers Kalshi-backed, CFTC-regulated prediction contracts to U.S.

Phantom, a popular crypto wallet, has integrated Kalshi’s prediction‑market platform, giving U.S. users access to event contracts that are regulated by the Commodity Futures Trading Commission (CFTC). The move expands Phantom’s suite of financial products beyond simple wallet functions.

Regulated Prediction Markets in the U.S.

Kalshi provides a marketplace for binary event contracts, such as political outcomes or economic indicators, and operates under a CFTC license. By partnering with Kalshi, Phantom can offer its users a compliant way to trade predictions on real‑world events.

For crypto users, the addition of regulated contracts may attract those who prefer a legal framework and oversight. It also signals that crypto wallets are exploring ways to diversify services while staying within U.S. regulatory boundaries.

The integration comes at a time when U.S. regulators are increasingly scrutinizing prediction markets. The partnership could be a proactive step to demonstrate compliance and mitigate future legal challenges.

Overall, Phantom’s launch reflects a broader trend of crypto platforms adding regulated financial instruments to broaden appeal and reduce regulatory risk.

Based on reporting from Cointelegraph. Read the original.

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OpenBook analysis

Market impact

Traders and investors may watch the expansion of regulated prediction markets as it could broaden participation and influence liquidity. The move may also signal increased regulatory compliance within crypto services.

General market context for education only, not investment advice.

This briefing was summarized with automated tools from public reporting by Cointelegraph and is general market information, not investment advice. Editorial policy & corrections