Kalshi (KAL) Launches Crypto Perpetual Futures to Regulate Market

AI Summary

Kalshi (KAL) announced plans to launch perpetual futures contracts for crypto, providing U.S. traders with a regulated alternative to offshore platforms. The company highlighted significant growth in offshore perpetuals, from $28 trillion in annual volume in 2023 to over $90 trillion by 2025. These contracts, which do not expire, are designed to track the price of the underlying asset continuously and will be supervised by the Commodity Futures Trading Commission. The regulatory backing may offer a competitive edge in a market traditionally dominated by less regulated options.