Kalshi mulls crypto expansion with perpetual futures launch: Report

Kalshi mulls crypto expansion with perpetual futures launch: Report

According to reports, Kalshi plans to launch crypto perpetual futures, expanding beyond prediction markets as regulated derivatives offerings in the US continue to evolve.

Prediction market exchange Kalshi is reportedly preparing to expand into cryptocurrency trading by introducing perpetual futures contracts, marking a major shift beyond its core event-based derivatives business.

In a Tuesday report, The Information cited people familiar with the matter as saying Kalshi plans to offer perpetual futures — commonly known as “perps” — on cryptocurrencies such as Bitcoin (BTC).

Perpetual futures are a type of derivative contract that allows traders to speculate on price movements without an expiration date. 

Read more

If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites.

If you want to read more News articles, you can visit our General category.

Source

Leave a Reply

Your email address will not be published. Required fields are marked *