Phantom brings prediction markets to US users

Phantom has brought prediction markets to users in the United States, according to a report by Grafa. The move gives US-based users access to markets centered on forecasts about future events and outcomes.

Prediction markets allow participants to take positions on whether a defined event will occur. Their prices are commonly interpreted as reflecting the market’s collective view of an event’s likelihood, though they can also be influenced by trading activity and liquidity.

The addition places prediction-market functionality alongside crypto-focused user experiences. Phantom is widely known as a digital wallet used to manage crypto assets and interact with blockchain-based applications.

Prediction markets have drawn growing attention across finance, technology and Web3 because they combine event forecasting with tradable positions. In the United States, such products can also face regulatory scrutiny depending on how they are structured and offered.