Oracle provider RedStone has connected prediction market data from Kalshi to all its networks. That’s over 110 blockchains, including Ethereum, Solana, Base, TON and Sui.
Now decentralized applications (DApps) will be able to use Kalshi data on real-world events: from elections and Fed decisions to TV appearances by Taylor Swift. Yes, even that can now be ‘written to the blockchain’.
Kalshi operates under the supervision of the CFTC, as a full-fledged exchange where each event gets regulatory approval before launch. Thanks to this integration, RedStone is bringing regulated prediction data to the blockchain for the first time.
‘Kalshi opens access to entirely new categories of data that simply didn’t exist on-chain before. This is a game changer for all of DeFi,’ commented RedStone co-founder Marcin Kazmierczak.
At launch, three directions are available: the New York mayoral election, bets on the Democratic candidate in 2028, and the number of Fed rate cuts in 2025. Which events will be added next depends on developer interest.
Predictive Data Will Change DeFi
RedStone co-founder Marcin Kazmierczak said that at the first stage, Kalshi data will most likely be used in already familiar DeFi scenarios.
‘You can expect integration into derivatives, perpetual DEXs, and lending protocols. There, Kalshi data will be useful for proper collateral evaluation and liquidation mechanics, especially when using tokenized market positions,’ he noted.
But the main revolution, in his opinion, is yet to come. When developers start experimenting, completely new concepts will emerge — from insurance protocols to applications at the intersection of social networks and finance (SocialFi), which could go beyond the crypto audience.
Kazmierczak specifically emphasized that insurance is one of the most promising use cases for regulated predictive data.
By the way, in May RedStone already became the main oracle provider for Securitize — a real asset tokenization platform. Among its clients: the BlackRock fund (via the BUIDL product) and Apollo (via the ACRED credit fund).
Prediction Markets Are Going Mainstream
The integration of Kalshi and RedStone comes at a time when prediction markets are starting to gain mass popularity. Some believe they could become the first DeFi product to achieve widespread adoption beyond crypto.
Read also: Amid Binance’s troubles, BNB token becomes October’s leader
Researcher Azuro’s Mike Rychko recently stated that prediction markets are moving beyond the crypto sphere — into the real world. He noted that their simplicity and accessibility make them an ideal candidate to be the first DeFi technology used by the mass user.
‘Most people will never open a futures exchange. But clear and understandable signals from prediction markets could definitely interest them,’ says Rychko.
According to him, it is precisely this simplicity that is the reason why such platforms will gain mass recognition faster than most DeFi experiments of recent years.
