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Kalshi is partnering with Solana to move its prediction market on-chain.
BlockBeats News, December 2nd, according to The Block, the prediction market platform Kalshi has chosen to partner with Solana to migrate its prediction market on-chain and enable the permissionless monetization of its "Global Liquidity Pool."
Kalshi plans to tokenize its "thousands" of prediction markets to attract crypto-native users and enhance liquidity. This move has also intensified the competition between Kalshi and Polymarket, with the latter natively deployed on Polygon. As both platforms see continued growth in users and trading volume, the competition is becoming more fierce.
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