Kalshi takes on Coinbase (COIN), Robinhood (HOOD) with new plan to offer crypto perpetual futures: The Information
Summary
Prediction market platform Kalshi is expanding its business into crypto perpetual futures, aiming to capture demand for digital asset derivatives within a regulated U.S. framework. By offering contracts on assets like Bitcoin, Kalshi will compete directly with major platforms such as Coinbase. This move leverages Kalshi's existing Commodity Futures Trading Commission (CFTC) licenses and reflects a broader industry convergence where prediction markets and crypto exchanges are increasingly targeting the same user base.
(Source:CoinDesk)