Kalshi, the US based prediction market, announced today the launch of native support for USDC deposits via Base. This move helps expand its funding options for users.
According to the announcement Base builders are also eligible for grants to build on-chain prediction market products on Kalshi. Kalshi aims to facilitate easier participation for crypto-native users in its regulated event contracts by offering a familiar and efficient funding rail
Kalshi representatives told Cryptotimes in mail, “By connecting with one of the fastest-growing Layer 2s with a regulated event trading platform, Kalshi users can now move seamlessly between crypto and traditional markets.”
The move is a direct response to growing demand from users who want to fund accounts with crypto assets. Kalshi is bridging the gap between the crypto ecosystem and regulated financial products.
Deposits facilitated through the Base network are converted into USD on Kalshi’s backend. This process will simplify access for on-chain users and expands the connectivity between crypto liquidity and the regulated financial product landscape offered by the exchange.
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