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Phantom integrates Kalshi trading with wallet funding and state restrictions

I3investor reports Phantom users complete Kalshi identity checks inside the wallet flow and receive winnings back into Phantom Cash accounts, with a quoted cost of 0.02 dollars per contract plus a network fee. Phantom applies category restrictions in Michigan, Nevada and Washington.

Phantom is bringing Kalshi event contracts to its US users through its wallet, with CASH stablecoins used to fund participation, according to I3investor.

The report, published Nov 5, 2026 at 8:00 AM ET, describes a process that incorporates identity verification and the return of winnings into Phantom’s wallet experience.

Verification, payments and costs

Users complete Kalshi’s identity checks within the wallet flow, according to I3investor. Winnings are returned to Phantom Cash accounts.

The quoted cost is 0.02 dollars per contract, plus a network fee. The supplied summary does not specify the network fee’s amount.

State-level limits

Phantom applies category restrictions in Michigan, Nevada and Washington, according to I3investor. The summary does not identify which categories are restricted, so the announcement should not be read as offering identical access across all US users.

What it means for prediction markets

  • Wallet-based access: The integration brings Kalshi identity checks, CASH stablecoin funding and receipt of winnings into the Phantom experience.
  • Participation costs: The quoted 0.02 dollars per contract is accompanied by a separate network fee.
  • Geographic differences: Category restrictions in Michigan, Nevada and Washington make location relevant to which contracts users can access.
KalshiInfiniti MarketsInfiniti Signals

Sources & attribution

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    I3investor
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