# Kalshi Launches Tokenized Prediction Market Shares on Solana

*Author: Jack Inabinet*
*Published: Dec 1, 2025*
*Source: https://www.bankless.com/read/news/kalshi-launches-tokenized-prediction-market-shares-on-solana*

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Prediction market Kalshi has tokenized its prediction market shares on the 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](https://www.bankless.com/read/news/kalshi-raises-1b-at-11b-valuation) this November as having raised $1B at an $11B valuation and faces intense competition from Polymarket.
- **Builder Codes: **Kalshi now supports "[builder codes](https://kalshi.com/builders)," unlocking customizable access for developers to freely monetize applications using Kalshi integrations.  

> Tokenized predictions powered by Kalshi are live on [@Solana](https://twitter.com/solana?ref_src=twsrc%5Etfw)$2M+ in builder grants are open, [@AxiomExchange](https://twitter.com/AxiomExchange?ref_src=twsrc%5Etfw) is next, and more chains coming soon.Welcome to the "Powered by Kalshi" era. [pic.twitter.com/0zlNoyZNDA](https://t.co/0zlNoyZNDA)— Kalshi (@Kalshi) [December 1, 2025](https://twitter.com/Kalshi/status/1995585557930672473?ref_src=twsrc%5Etfw)
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