Talos, the institutional digital asset trading platform valued at $1.5 billion, has integrated with Kalshi to give its clients direct access to the prediction market exchange’s event contracts and crypto perpetual futures. The move stitches together two distinct corners of the trading world, event-based speculation and crypto derivatives, into one unified workflow for professional traders.
Kalshi’s crypto perps are already a hit
Kalshi’s crypto perpetual futures launched in early June 2026 and promptly crossed $1 billion in notional trading volume within a single week.
For context, Kalshi’s original event contracts took roughly 40 months to hit that same milestone. The crypto perps did it in seven days.
Kalshi’s Bitcoin perpetual futures contract received CFTC approval on May 29, 2026, making it the first regulated US exchange to offer these products. Perpetual futures are derivatives that let traders speculate on an asset’s price with leverage and no expiration date. They’ve been wildly popular on offshore exchanges like Binance for years, but the “regulated US exchange” part is what makes this significant.
