Kalshi Launches Tokenized Event Betting Platform on Solana (SOL) Blockchain

Prediction market platform Kalshi has expanded its offerings by launching a new platform for tokenized event bets on the Solana blockchain. This move leverages Solana's high-speed and low-cost infrastructure to allow users to trade tokens representing outcomes of real-world events. The initiative, reported by CNBC, marks a significant step in bringing decentralized prediction markets to a broader audience. By utilizing Solana (SOL), Kalshi aims to enhance transaction efficiency and scalability for its betting products, integrating blockchain technology into traditional event forecasting.