RedStone has teamed up with Kalshi to incorporate regulated event market data from the US Commodity Futures Trading Commission (CFTC)-regulated exchange into over 110 blockchain networks. This partnership is expected to widen access to real-world predictive data for decentralized applications (DApps).

The integration, announced on Thursday, enables DApps to utilize Kalshi’s data on various events, such as elections, interest rate changes, and pop culture occurrences, including Taylor Swift’s television appearances.

Kalshi, regulated by the CFTC, must receive approval before trading on its designated contract markets. Recently, the exchange raised $300 million to expand its reach to over 140 countries.

“Kalshi’s regulated events allow us to unlock data types that were previously unavailable on-chain, paving the way for new possibilities in DeFi,” said Marcin Kazmierczak, co-founder of RedStone.

Kazmierczak also noted the anticipation of new use cases, such as products in decentralized finance (DeFi) that might utilize Kalshi market positions for accurate asset liquidation and pricing mechanisms. The first markets to be rolled out include races for the NYC mayoralty, the Democratic nominee for the 2028 US presidency, and interest rate changes forecasted for 2025.

As prediction markets gain popularity, Azuro’s Mike Rychko argues they could be the first DeFi tool to achieve significant mass adoption due to their straightforward nature.

“Their simplicity might explain why they will find mass adoption faster than previous DeFi innovations,” Rychko commented.