The company told CNBC that tokenized versions of its event contracts are now available on the Solana blockchain. These tokenized contracts work similarly to traditional Kalshi contracts but allow users to trade directly on-chain with greater anonymity.
The move combines the predictability of regulated markets with the speed and flexibility of blockchain technology.
Bridging the gap between traditional markets and blockchain
Tokenized contracts allow users to buy and sell digital representations of event contracts on Solana. These contracts represent bets on the outcome of real-world events, such as the release of economic data or political outcomes. By tokenizing them, Kalshi allows transactions to go on-chain, thereby reducing intermediaries and improving transparency.
Institutional clients DFlow and Jupiter are supporting this effort by connecting Kalshi’s off-chain order book to Solana’s liquidity. This ensures sufficient depth for trading and maintains efficient pricing for users.
Tokenized predictions powered by Kalshi are live @Solana
More than $2 million in builder grants are open, @AxiomExchange is next, and more channels are coming soon.
Welcome to the “Powered by Kalshi” era. pic.twitter.com/0zlNoyZNDA
-Kalshi (@Kalshi) December 1, 2025
Tokenized event contracts also appeal to traders seeking privacy. While traditional contracts require some personal information, on-chain trading adds a layer of anonymity without altering the fundamental structure of the contract. This makes it easier for crypto-native users to participate in regulated markets.
A real-world example of this trend is derivatives trading platforms experimenting with tokenized Ethereum-based contracts, which have seen multi-million dollar daily volume in 2025. Kalshi’s entry into Solana builds on this momentum, leveraging a blockchain known for its low fees and rapid settlement.
The main asset of any exchange is liquidity.
Kalshi is the world’s only prediction marketplace that aggregates on-chain and off-chain, US and international, into one giant liquidity pool.
Tokenization is the end game: non-custodial, instant and crypto-native. pic.twitter.com/aaG2L6BvFs
– John Wang (@j0hnwang) December 1, 2025
Tokenization is part of a broader trend in finance where traditional instruments are increasingly represented as digital assets. By connecting off-chain and on-chain liquidity, Kalshi demonstrates how established exchanges can leverage the benefits of blockchain without losing regulatory compliance.
Learn more about prediction markets
Prediction markets have already surpassed $51 billion in volume since the start of the year, but few appreciate the magnitude of this milestone. Real Money now rates results in sports, crypto, politics and macroeconomics in real time, with weekly volumes reaching multi-trillion dollar levels. It’s no longer a niche, but a parallel financial system where the crowd systematically outperforms traditional analysts, influencers and experts who don’t put their skin in the game. And that’s just the beginning.
30 Day Forecast Market Volume
Polymarket $3.35 billion
Kalshi $5.76 billionI’ve been watching recently how money actually moves in prediction markets, and something has finally dawned on me over the last month. Definitely big numbers, but the pattern is the interesting part.@Kalshi… pic.twitter.com/RynV11Mroi
– 😎JON (@jonfarjo) December 1, 2025
Once SocialFi layers are added (creator-driven markets, social reputation scores, on-chain prediction identities, influence-enhanced ratings, and subscriber-driven alpha feeds), prediction markets will transform into a new Internet economy. Creators become oracles, communities act like hedge funds, and markets evolve into social networks with real money attached, opening up unprecedented opportunities for engagement and value creation.
Disclaimer
The information provided by Altcoin Buzz does not constitute financial advice. It is intended for educational, entertainment and informational purposes only. Any opinions or strategies shared are those of the editors/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur from investments based on the information provided. Bitcoin and other cryptocurrencies are high-risk assets; therefore, perform thorough due diligence. Copyright Altcoin Buzz Pte Ltd.
