RedStone has announced its partnership with Kalshi, which brings real-world market data from regulated events onto DeFi platforms, enhancing usability across 110 blockchains. This collaboration allows decentralized applications to access timely data from Kalshi, which includes significant events such as elections, interest rate changes, and cultural moments like artist Taylor Swift’s appearances on live television.

The CFTC regulates Kalshi, requiring approval for markets listed on it. Recently, Kalshi secured $300 million to extend its reach to over 140 countries.

Marcin Kazmierczak, co-founder of RedStone, expressed that the regulated data from Kalshi heralds new opportunities for DeFi evolution. The initial rollout focuses on the New York City mayoral election, the 2028 Democratic presidential nomination, and interest rate projections for 2025.

Kazmierczak elaborated on the innovative use cases that could emerge, particularly in insurance applications, and emphasized the potential adaptations within the DeFi sector, as developers start innovating with regulated data in new ways.

Amid the rise of prediction markets, analyst Mike Rychko suggested that their straightforward nature may promote quicker mass adoption than traditional financial products.

“That simplicity is precisely why prediction markets will find mass adoption faster than most DeFi experiments ever did.” - Mike Rychko