RedStone and Kalshi Bring CFTC Prediction Data On-Chain
RedStone has integrated event-driven market data from Kalshi, a CFTC-regulated prediction market, into over 110 blockchain networks. This on-chain CFTC prediction data feeds real-time event outcomes—ranging from elections and interest rate decisions to cultural events—via RedStone’s pull-based oracle infrastructure. DeFi developers can now access regulated data feeds directly in smart contracts. They can build derivatives, perpetual DEXs, tokenized lending, automated trading strategies, yield protocols, and structured options with improved transparency and compliance. Kalshi’s $300 million funding and expansion to 140+ countries underpin this step in merging traditional regulation with decentralized finance. This on-chain CFTC prediction data could drive increased DeFi activity and pave the way for insurance-like protocols and social finance models.
Bullish
By bringing regulated CFTC prediction market data on-chain, this integration enhances the reliability and diversity of on-chain data feeds, supporting new DeFi products and trading strategies. In the short term, developers may launch novel derivatives and yield protocols, boosting activity and demand for oracle services. Over the long term, merging regulated data with DeFi could attract institutional capital, improving market liquidity and stability. These factors make this development a bullish catalyst for the broader crypto ecosystem.