Kalshi eyes crypto expansion with perpetual futures trading: report
Summary
Kalshi, a leading prediction market platform, is reportedly planning to expand into cryptocurrency trading by offering perpetual futures. This move would allow Kalshi to compete with major platforms like Coinbase and Kraken, while also challenging offshore exchanges where these high-risk products are currently popular. Leveraging its existing Commodity Futures Trading Commission (CFTC) licenses, the company aims to introduce these products domestically, following recent indications from regulators that such offerings may be permitted in the United States.
(Source:The Block)