Kalshi announced an integration with Phantom that lets users trade contracts on political, economic, sports and cultural events within the wallet, without opening a separate Kalshi account. The companies said users can use assets already supported by Phantom, including Solana-based tokens and its CASH stablecoin.
The integration gives Kalshi a new distribution channel for event contracts, including sports markets facing legal challenges.
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US Senator John Curtis asked the Senate Judiciary Committee to examine whether presidential family connections enabled personal financial gain or privileged access. His letter of 21 September specifically cited Donald Trump Jr.'s links with Kalshi and Polymarket.
Coinbase said in its 2026 Crypto Market Outlook that US prediction markets could become more integrated with mainstream finance as liquidity and participation increase. It expects about 12 platforms currently operating in the US to grow in number by 2026, while warning that competition could fragment liquidity. The company also said unclear tax treatment and disputes over federal and state oversight may affect the sector.
Nevada Gaming Control Board chairman and executive director Mike Dreitzer said at a State Bar of Nevada conference that prediction markets could extend from sports contracts into casino games and slots. He argued that operators using these markets rely on federal financial regulation to avoid state gaming laws; no prediction casinos have launched, the report said.
Meta chief executive Mark Zuckerberg reportedly met Kalshi chief executive Tarek Mansour last year to discuss a possible acquisition. The talks remained at an early stage and ended without agreement; accounts differ on the reasons. Meta is now developing a prediction app called Arena that is not expected to use real-money wagering.
Meta CEO Mark Zuckerberg and Kalshi CEO Tarek Mansour discussed a possible acquisition in 2025, but the talks did not progress beyond an informal stage, according to reports citing people familiar with the matter. Sources gave differing explanations, including valuation differences, Mansour's reluctance to sell and concerns within Meta about legal and regulatory issues; Meta is separately testing an internal prediction app that would use play money.