Kalshi (KALSHI) is a token on Solana issued by PreStocks that provides economic exposure to Kalshi, a private, pre-IPO company. The token is backed 1:1 by SPV exposure, grants no ownership, voting, dividend, or information rights, is highly risky, may lose all value, and is not available to U.S. persons. On U.CASH you can accept KALSHI payments, swap it non-custodially, and hold it in your own wallet.
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Solana mainnet. Settlement is non-custodial, on-chain to a wallet you control. Confirmation policy: Solana finality (single slot).
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Take KALSHI in checkout alongside cards on 35 networks. White-label, non-custodial, live in minutes.
Trade KALSHI for any asset across the network, routed for the best price.
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The directory page for Kalshi: roster context, diligence, and every trading deep link.
On-chain token facts, issuer disclosures, and the public filings an investigator needs, in one place. Everything below is verified at generation time or links to the primary source.
Token-2022 extensions configured by the issuer. The issuer holds these powers by design; they are disclosed, not hidden.
The underlying is a private company: no public filings exist. Kalshi is a pre-IPO token that tracks the value of shares held by a Special Purpose Vehicle. It carries no ownership, voting, dividend, or information rights, and it is not available to U.S. persons. Read the pre-IPO disclosure before any transaction.
U.CASH reads the pool price on the token's own on-chain market, refreshed every few minutes. Open the swap for a live quote. Legal terms on the tokenized assets disclosure.
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Getting started takes a wallet and an address. The wallet needs to hold Kalshi and a little SOL for gas on its chain; the address is where the output lands, raw hex or a resolvable web3 name both work. From there the flow is preview-first: what leaves, what arrives, the fee, and the network cost all sit on one screen before a signature happens. Keys never leave your side at any point, and the only thing the wallet ever signs is the exact transaction you read.
Two costs, both visible up front. The platform charges a flat 0.50% all-in on the swap and nothing hidden behind it, no spread and no routing cut. The network charges its gas in SOL, settling with about 400 ms blocks on Solana mainnet, itemized per leg in the preview. What settles is on-chain to the address you chose, under this asset's policy of Solana finality (single slot), and once confirmed the balance is entirely yours to move with no platform anywhere in the path.
Underneath, the aggregated DEX route executes the trade with all-or-nothing semantics: partial fills do not exist here, and a route unable to meet the bounds you approved reverts the whole transaction rather than settling something worse. Your exposure window between legs is therefore zero, the only cost of a failed attempt is its gas, and re-quoting is a click.
Tokenized assets price from their issuer's own feed rather than a crypto market, so the quote tracks the underlying's session, and transfer eligibility follows the issuer's on-chain rules: the contract enforces them at settlement, which is why the checkout asks buyers to confirm eligibility once. These assets are not card-buyable; acquisition runs through the swap rail, and the fee structure above applies unchanged. What the wrapper adds is exposure with wallet speed, not brokerage machinery: no deposit account, no settlement lag between deciding and holding. Holders keep the same options as any token: send it, spend it where it is accepted, or swap back out the way they came in, and every movement carries the chain's own finality with it.
One account unlocks accept, swap, buy, and the rest of the U.CASH network across 35 networks.