Phantom rolls out Kalshi prediction markets to US users amid state legal considerations

According to The Block, Phantom has begun offering Kalshi prediction markets to U.S. users. The rollout includes operational limits on eligible trading jurisdictions. Users will use CASH stablecoins to fund trades in these markets. Restrictions are currently applied in Michigan, Nevada and Washington. Phantom stated it is confident and comfortable with the launch despite ongoing state lawsuits related to its activities.