Prediction markets, which have grown in recognition because of world curiosity within the 2024 US presidential election, proceed to realize growing integration with cryptocurrencies.
Kalshi, the preferred prediction market platform in the meanwhile, can be accelerating its cryptocurrency integration.
Kalshi, a US CFTC-regulated forecasting platform, built-in assist for Solana (SOL) in Might, permitting customers to fund their accounts with USDC and different crypto property, enabling a seamless transition from conventional finance to blockchain.
Talking on the Solana occasion, John Wang, Head of Cryptocurrency at Kalsi, defined why he selected Solana.
John Wang stated Solana is ideally suited to Kalsi’s high-volume occasion contract buying and selling wants, highlighting Solana’s high-performance, low-cost buying and selling capabilities.
Mr. Wang emphasised that integrating Solana into the platform was a vital resolution for Kalsi, stating:
“Integrating Solana (SOL) was positively a call we needed to make.
Solana is successfully the most important consumer-focused blockchain, with all the mandatory foundations for consumer enter, together with pockets infrastructure and knowledge.
The event atmosphere and assist have been considerably improved in comparison with earlier than.
Due to this fact, Kalsi plans to additional collaborate with Solana to facilitate the emergence of recent prediction markets and assist developer bounty applications. ”
*This isn’t funding recommendation.
