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Kalshi makes move to court crypto traders with tokenized betting contracts

Kalshi bettors can now buy and sell tokenized versions of their wagers on Solana, the company announced on Monday. It’s the latest sign the prediction market company is deepening its push to win over the same cryptocurrency holders that have pumped billions of dollars of digital assets into its rival Polymarket.

“There’s a lot of power users in crypto,” Wang said. “This is about tapping into the billions of dollars of liquidity that crypto has, and then also enabling developers to build third party front ends that utilize Kalshi’s liquidity.”