Launch platform Flap @ flapdotsh has announced the launch of KLSH, a quote token based on Kalshi one ️⃣ KLSH is issued by Paimon Finance. Paimon has previously launched Kalshi related tokens xKLSH and pKLSH through SPV structure, corresponding to approximately 3021 shares of Kalshi at the bottom (accounting for 0.00898% of the company's fully diluted shares), and claims 1:1 collateral and total hard top. These tokens have been subscribed through channels such as Lista DAO and KuCoin Web3 wallet. Some of them are liquidity levels that can be traded immediately without lock up, while others are periodic levels that can be converted at 1.4 times after 6 months of lock up. Paimon is also the issuer of Binance Wallet's first Pre Access token on PancakeSwap two ️⃣ The introduction of KLSH as a quote token by Flap this time means that newly launched tokens can be paired with KLSH for trading, thereby embedding Kalshi's Pre IPO exposure into the daily on chain trading process Flap's move continues its product direction of "stock pairing+dividends" and reflects the sustained demand for high-quality unlisted assets in the on chain market in 2026