Solana-based DoubleZero integrates Kalshi data feed for institutional trading

Solana-based trading platform DoubleZero announced a partnership with prediction market Kalshi to integrate its order book data into a low-latency market data feed for institutional clients.

The integration aims to meet growing institutional demand for high-speed, real-time financial data on decentralized infrastructure. Kalshi’s order book data will be streamed through DoubleZero’s platform, enabling faster execution and improved liquidity for traders operating on the Solana network.

DoubleZero, which focuses on providing institutional-grade trading solutions, stated that the collaboration will enhance its ability to deliver Wall Street-style data infrastructure to decentralized finance (DeFi) users. The platform leverages Solana’s blockchain for its high throughput and low transaction costs, positioning it as a viable alternative to traditional financial market data providers.

Kalshi, a regulated prediction market platform, will supply its order book data, which includes bid-ask spreads and depth of market information. This data will be available to DoubleZero’s institutional clients, who can use it for trading strategies, risk management, and market analysis.

The partnership reflects broader trends in institutional adoption of blockchain-based trading solutions, as firms seek to reduce latency and improve efficiency in digital asset markets. Solana’s blockchain, known for its scalability, has become a favored infrastructure layer for high-frequency trading and real-time data applications.

DoubleZero did not disclose financial terms of the agreement or the expected launch timeline for the integrated data feed.