Kalshi plans to launch U.S. cryptocurrency trading including perpetual futures, according to sources. The Commodity Futures Trading Commission (CFTC) regulates the prediction market platform. This expansion places Kalshi in direct competition with established exchanges like Coinbase.
Perpetual futures function as derivatives without an expiration date. These products currently face significant regulatory hurdles in the United States. Kalshi’s entry as a regulated entity could expand access for U.S. traders.
The CEO recently teased a Timeless product announcement. Observers interpret the teaser as a reference to perpetual contracts.