The move could challenge other prediction platforms by providing Kalshi users with greater anonymity through tokenized buys and sales on the Solana blockchain. Predictions platform Kalshi has reportedly begun allowing users to buy and sell tokenized versions of its event contracts on the Solana blockchain.According to a Monday CNBC report, Kalshi has moved closer to courting cryptocurrency users by offering tokenized contracts, which are now live on Solana. The move tokenized bets on the predictions platform, which includes US elections, sports and more, making them tradeable on the blockchain.“There’s a lot of power users in crypto,” John Wang, Kalshi’s head of crypto, told CNBC. “This is about tapping into the billions of dollars of liquidity that crypto has, and then also enabling developers to build third-party front ends that utilize Kalshi’s liquidity.”Read more The move could challenge other prediction platforms by providing Kalshi users with greater anonymity through tokenized buys and sales on the Solana blockchain. Predictions platform Kalshi has reportedly begun allowing users to buy and sell tokenized versions of its event contracts on the Solana blockchain.According to a Monday CNBC report, Kalshi has moved closer to courting cryptocurrency users by offering tokenized contracts, which are now live on Solana. The move tokenized bets on the predictions platform, which includes US elections, sports and more, making them tradeable on the blockchain.“There’s a lot of power users in crypto,” John Wang, Kalshi’s head of crypto, told CNBC. “This is about tapping into the billions of dollars of liquidity that crypto has, and then also enabling developers to build third-party front ends that utilize Kalshi’s liquidity.”Read more

Kalshi taps Solana to tokenize betting contracts: Report

The move could challenge other prediction platforms by providing Kalshi users with greater anonymity through tokenized buys and sales on the Solana blockchain.

Predictions platform Kalshi has reportedly begun allowing users to buy and sell tokenized versions of its event contracts on the Solana blockchain.

According to a Monday CNBC report, Kalshi has moved closer to courting cryptocurrency users by offering tokenized contracts, which are now live on Solana. The move tokenized bets on the predictions platform, which includes US elections, sports and more, making them tradeable on the blockchain.

“There’s a lot of power users in crypto,” John Wang, Kalshi’s head of crypto, told CNBC. “This is about tapping into the billions of dollars of liquidity that crypto has, and then also enabling developers to build third-party front ends that utilize Kalshi’s liquidity.”

Read more

Market Opportunity
Movement Logo
Movement Price(MOVE)
$0.03699
$0.03699$0.03699
-6.16%
USD
Movement (MOVE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.