Kalshi Seeks U.S. Approval for 24/7 Stock and ETF Perpetual Contracts

Kalshi, a U.S.‑based prediction‑market platform, announced its intention to apply for regulatory approval to launch a suite of perpetual contracts tied to individual stocks and exchange‑traded funds. The proposed offering would include around 60 contracts, with a focus on high‑profile equities such as Tesla and Nvidia.

Bringing Crypto‑Style Products to Traditional Markets

The contracts are designed to trade 24/7, mirroring the around‑the‑clock nature of many cryptocurrency derivatives. By extending this model to equities and ETFs, Kalshi aims to bridge the gap between crypto‑derived trading mechanisms and conventional securities.

Regulatory Path Forward

Kalshi intends to seek approval from U.S. regulators, positioning the products within the existing framework for derivatives. The company’s approach reflects ongoing discussions on how best to oversee novel financial instruments that blend features of crypto and traditional markets.

Potential Impact on Traders

If approved, the perpetual contracts could provide investors with continuous exposure to selected stocks and ETFs without the need to hold the underlying assets, offering new hedging and speculative opportunities.