Pyth Network partners with Kalshi to deliver real-time prediction market data Onchain

Business News

Pyth Network a leading provider of institutional market data, today announced its partnership with Kalshi, the first U.S. federally regulated event-exchange platform, to deliver its prediction market information across more than 100 blockchains.

This marks the first time regulated event data will be streamed onchain at scale, enabling developers, institutions, and protocols to build applications powered by real-time probabilities of future outcomes. By expanding market data beyond asset prices to the realm of events—politics, economics, sports, crypto, and culture—this partnership unlocks a new dimension of financial infrastructure.

Onchain builders need a trusted, composable source of event data. Pyth’s integration with Kalshi makes regulated prediction market prices available to everyone with an internet connection, giving developers a foundation to create new classes of financial products.

Kalshi, as the leading CFTC-regulated event exchange in the US, delivers the credibility, oversight, and scale required to establish event-driven data as a first-class category in DeFi. As of last week, Kalshi has expanded to 140 countries globally on the heels of a $300 million raise at a $5 billion valuation.

“Since gaining prominence during the 2024 U.S. presidential election, prediction markets have emerged as powerful tools for translating expectations about future events into real-time prices,” said Mike Cahill, CEO of Douro Labs and contributor to Pyth. “Partnering with Kalshi, the leading regulated event exchange, underscores our vision to be the most comprehensive and resilient financial data ecosystem in the world. We’re excited to take this significant step as the first institutional market data provider to offer prediction market data onchain.”

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