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Kalshi Launches Tokenized Prediction Market Shares on Solana

Shares of Kalshi bets are now accessible onchain.
Kalshi Launches Tokenized Prediction Market Shares on Solana
Jack Inabinet Jack Inabinet
Dec 1, 2025 • 1 min read
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Prediction market Kalshi has tokenized its prediction market shares on the Solana Solana blockchain, making its event contracts accessible onchain for the first time.

What's the Scoop?

  • Live on Solana: Kalshi now offers tokenized versions of its event contracts on Solana. Traders can buy and sell blockchain-based versions of their wagers, affording onchain portability and greater anonymity.
  • DeFi Integrations: DeFi protocols DFlow and Jupiter support liquidity and act similar to market makers for this integration, bridging Kalshi’s off-chain order book into Solana-native exchanges.
  • Regulated and Expanding: Kalshi operated 3,500 prediction markets. It was reported this November as having raised $1B at an $11B valuation and faces intense competition from Polymarket.
  • Builder Codes: Kalshi now supports "builder codes," unlocking customizable access for developers to freely monetize applications using Kalshi integrations.

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In The Article
Solana Solana Polymarket Polymarket
Jack Inabinet

Written by Jack Inabinet

804 Articles • View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial real estate development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

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