Claim — not everything called a tokenized stock is a stock

You would hold tKalshi

Tessera

A loan participation right, not equity. You are a creditor of the issuer's lending arrangement, with no ownership, voting or dividend rights in the company.

A loan participation right, not equity. You are a creditor of the issuer's lending arrangement, with no ownership, voting or dividend rights in the company.
Tessera, Tessera; the holder is a participant in a lending arrangement, not a shareholder
No redemption. The open market is the only way out.
Redeemable only following divestment of the underlying exposure, which the holder cannot initiate. Until then the open market is the only exit.
Every transfer is taxed 0.2%, with no cap.
transferFeeConfig.transferFeeBasisPoints = 20
No shareholder rights. You get price exposure, not ownership.
Issuer states holders have no ownership, voting or dividend rights.
No permanent delegate. The issuer cannot take these tokens out of your wallet.
no permanentDelegate extension on the mint

Your wallet will warn that it does not recognise this site. That warning is about the domain, not the transaction — Claim is new and unlisted. What you are signing is three instructions: a compute budget, the token account for tKalshi if you do not have one, and a Jupiter swap. It grants no approval that outlives it and no permission over anything else you hold. Check it in the wallet before you approve.

Connecting is read-only and costs nothing. Claim never holds a key and never submits a transaction — your wallet does, only if you approve it.

Claim builds the transaction and hands it to your wallet. It never holds a key, never funds anything and never submits on your behalf. The route comes from Jupiter, the destination is re-read from the chain immediately before the transaction is built, and nothing here is investment advice.