Solana announces partnership with Kalshi to fully tokenize all Kalshi prediction markets.

Odaily Planet Daily reports that Solana has officially announced a deep collaboration with Kalshi, fully tokenizing all of Kalshi's prediction markets and implementing them as native tokens on the Solana blockchain. Leveraging the Concurrent Liquidity Protocol (CLP) developed by DFlow, users can submit on-chain cap orders, which are asynchronously populated by liquidity providers, bridging Kalshi's off-chain liquidity to the on-chain environment and supporting redemptions in various stablecoins.

Meanwhile, Kalshi launched a developer grant program totaling over $2 million to encourage emerging applications to integrate this on-chain functionality. According to CNBC, this move targets the $3 trillion crypto asset market, aiming to attract high-frequency crypto traders, further improve platform liquidity and pricing accuracy, create space for third-party front-end development, and strengthen transaction privacy protections. Axiom Exchange will be the next platform to integrate, with more blockchain projects expected to follow suit.