Kalshi Plans Major Crypto Integration Drive Within a Year

TheCryptoTimes2025-10-02 tarihinde yayınlandı2025-10-02 tarihinde güncellendi

Kalshi, a U.S.-regulated prediction market platform, plans to integrate with every major crypto exchange and app within the next year. Speaking at the Token2049 conference in Singapore, John Wang, Kalshi’s Head of Crypto, outlined the company’s expansion plans. The firm, which already dominates the prediction market, aims to build on-chain tools, data systems, and developer resources.

Wang, who joined Kalshi in August after eight years as a crypto trader and influencer, is leading this push. He believes the crypto community represents the “definition of power users.” According to him, these users will help accelerate Kalshi’s ecosystem of new financial products and event-driven contracts.

Kalshi is investing heavily in its onchain initiatives. It is creating tools such as real-time event data feeds, AI-driven agents, and advanced dashboards. Besides, the platform is launching grants for both offchain and onchain innovators through partnerships with Solana and Base. Moreover, Kalshi plans to expand these efforts by working with additional blockchain networks.

“The crypto community is the definition of power users, people who live and breathe new financial markets,” Wang said. He emphasized that prediction markets function like crypto options but in a simpler format, calling them a “Trojan Horse” for mainstream adoption.

Market Leadership and Regulatory Edge

Kalshi recently captured 66% of global prediction market share, up from 3.3% last year. This surge came from NFL-related event contracts in the U.S. Hence, the platform has overtaken crypto-native rival Polymarket, which is preparing its own U.S. return.

Polymarket, after acquiring QCX LLC for $112 million, secured a Designated Contract Market license in July. Consequently, it will relaunch U.S. operations with self-certified event markets, including sports and politics.

Kalshi’s success stems from its regulatory approach. After winning a lawsuit against the CFTC in 2023, it gained the ability to list political contracts. “Prediction markets and event contracts are now being held at the same level as normal derivatives and stocks,” Wang said.

Kalshi is turning to crypto to drive its next growth phase. Strong regulation and fast onchain moves could keep it ahead, while rivals like Polymarket scramble to catch up.

Also Read: Bullish Launches NYDFS-Licensed Spot Trading Platform in US


Mobile Only Image

İlgili Okumalar

TechFlow Intelligence Agency: Anthropic Calls for Global Pause in AI Development While Preparing for Trillion-Dollar IPO; SpaceX IPO Roadshow Heats Up, But S&P 500 Rejects Fast-Track Inclusion

In today's TechFlow Intelligence Briefing, several major tech stories highlight a growing theme of trust and credibility gaps across AI, crypto, and finance. AI company Anthropic has publicly called for a global pause in AI development, citing risks from Claude's "recursive self-improvement." Ironically, this coincides with reports the company is preparing for a massive IPO targeting a near $1 trillion valuation. This perceived hypocrisy, coupled with widespread user complaints about Claude's declining performance, is sparking debate over whether the safety warning is genuine or a competitive tactic. Meanwhile, in a substantive security move, Anthropic open-sourced a framework for AI-powered vulnerability discovery. In the crypto market, Bitcoin's price drop below $61,000 triggered over $1.16 billion in liquidations, flipping the market into a state where more BTC is held at a loss than at a profit, a historical bearish signal. On the corporate front, SpaceX's highly anticipated IPO is generating immense Wall Street excitement, with Goldman Sachs projecting 100x revenue growth by 2030. However, the S&P 500 has refused to fast-track the company's inclusion post-IPO, potentially limiting immediate institutional demand. Separately, ByteDance's AI app Doubao lost over 6 million monthly active users after introducing a subscription model, highlighting the challenges of AI monetization. Other notable developments include Nvidia certifying HBM4 memory from Samsung, SK Hynix, and Micron; Cloudflare's acquisition of front-end tooling company VoidZero; and its CEO warning that bot traffic now exceeds human traffic online. The underlying narrative connects these events: a trust crisis. From AI firms' contradictory actions and crypto volatility to the clash between SpaceX's hyped narrative and institutional rules, a pattern is emerging where stated intentions and actual practices are increasingly misaligned.

marsbit15 dk önce

TechFlow Intelligence Agency: Anthropic Calls for Global Pause in AI Development While Preparing for Trillion-Dollar IPO; SpaceX IPO Roadshow Heats Up, But S&P 500 Rejects Fast-Track Inclusion

marsbit15 dk önce

Dalio Warns: AI Boom Shows Signs of a Bubble, Day of Reckoning Will Be the Time of Burst

Ray Dalio, founder of Bridgewater Associates, warns that the current artificial intelligence investment boom shows classic signs of a bubble, which he expects will eventually burst. In a Bloomberg Television interview, he noted that great technological revolutions often lead to capital inflows that create bubbles, making it difficult for investors and companies to calibrate their spending accurately—either overspending to capture market share or underspending and losing their competitive position. This caution comes amid significant rallies in AI-related assets, particularly chipmakers, driven by soaring demand for data centers and high-bandwidth chips, raising debates about overheating valuations. In contrast, Nvidia CEO Jensen Huang recently asserted that investors embracing the AI wave would see "crazy" returns and dismissed concerns over return on investment for data center spending as outdated. Dalio, however, focuses on the risks in the profit realization phase. He argues that bubbles tend to show signs of破裂 when markets transition from investment to the need for tangible returns, describing the burst as a process of converting paper wealth into cash. While acknowledging AI's intrinsic value, he expressed concern over the future profitability of some AI companies, suggesting the market is repeating a familiar pattern. The 76-year-old billionaire, who fully exited Bridgewater in 2025, has a net worth estimated at $21.5 billion according to the Bloomberg Billionaires Index.

marsbit49 dk önce

Dalio Warns: AI Boom Shows Signs of a Bubble, Day of Reckoning Will Be the Time of Burst

marsbit49 dk önce

Privacy Coin Crisis of Confidence! ZEC Plunges Over 56% in a Single Day

Zcash (ZEC), a leading privacy-focused cryptocurrency, experienced a severe crash on June 5th, plummeting over 56% in a single day and erasing nearly two months of gains. The flash crash was triggered by the disclosure of a critical zero-knowledge proof vulnerability within Zcash's Orchard privacy pool, which had existed since the pool's launch in May 2022. The flaw theoretically allowed an attacker to forge unlimited ZEC undetectably due to the pool's privacy features. The vulnerability was discovered on May 29th by independent security researcher Taylor Hornby during a proactive audit commissioned by Shielded Labs, utilizing AI-assisted analysis. The Zcash development team responded swiftly, implementing an emergency soft fork to disable Orchard transactions on June 2nd and executing a permanent hard fork fix (NU6.2) on June 3rd. Despite the technical fix, a major crisis of confidence emerged. The core issue is that Orchard's privacy design makes it cryptographically impossible to prove whether the vulnerability was exploited over the past four years, casting permanent doubt on the historical supply integrity of ZEC. While Shielded Labs argues exploitation was unlikely, the inability to provide definitive proof has severely damaged market trust. This sentiment was exacerbated when BitMEX co-founder Arthur Hayes, a prominent ZEC supporter, announced he was selling his entire position. He stated that privacy assets require "perfect security" rather than "probable safety." The combined effect of the disclosure and Hayes's exit ignited widespread panic selling, leading to massive liquidations and significant price decline. Analysts note the event highlights a fundamental tension within privacy coins: the conflict between verifiable supply and cryptographic privacy.

链捕手52 dk önce

Privacy Coin Crisis of Confidence! ZEC Plunges Over 56% in a Single Day

链捕手52 dk önce

İşlemler

Spot
Futures
活动图片