Kalshi makes move to court crypto traders with tokenized betting contracts, Kalshi told CNBC. The move mirrors features popularized by crypto-native prediction platform Polymarket and is designed to appeal to on-chain traders. The company said tapping crypto liquidity could help scale its markets as prediction-market volume surges.

"Kalshi bettors can now buy and sell tokenized versions of their wagers on Solana, the company told CNBC exclusively 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."

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