Kalshi introduces tokenized prediction versions through Solana

Kalshi has made the move to introduce tokenized predictions on the public blockchain platform Solana, meaning people can buy and sell these versions.

The company, which is a prediction market, announced that these tokenized versions are now live through an X post which was published on 1 December. Tokenization is when a digital version of a financial asset is created, with this really growing in popularity during the NFT craze of 2021.

The prediction market company has explained why it has decided to go down this route, saying “tokenization is the endgame.” They continued to say “it is non-custodial, instant, and crypto native.”

Kalshi