Prediction-market platform Kalshi reportedly plans to seek approval for the first regulated U.S. perpetual futures tied to individual stocks, including Tesla Inc. (NASDAQ:TSLA), Apple Inc. (NASDAQ:AAPL) and Nvidia Corp. (NASDAQ:NVDA).
Kalshi Eyes 60 Stock And ETF Perps
According to people familiar with the matter cited by The Wall Street Journal in a report on Thursday, Kalshi plans roughly 60 perpetual contracts, or “perps,” tied to major stocks and exchange-traded funds, limiting individual-company products to businesses worth at least $100 billion. Unlike conventional futures, perps do not expire and can provide leveraged exposure around the clock, magnifying both potential gains and losses.
The push builds on Kalshi’s move into regulated crypto perpetuals. In May, the Commodity Futures Trading Commission approved KalshiEX’s Bitcoin (CRYPTO: BTC) perpetual future. The CFTC also said it would not object to Coinbase Global Inc. (NASDAQ:COIN) giving U.S. customers access to certain crypto perps traded on its Deribit platform, per a Reuters report.
Kalshi on Thursday expanded again, launching 24/7 gold and silver perpetuals with leverage of up to 15 times, the company said.
