Kalshi Prediction Market Plans Crypto Perpetual Futures Launch On April 27
Summary
Kalshi, a prediction market platform valued at $11 billion, is preparing to introduce cryptocurrency perpetual futures on April 27. Unlike traditional futures, these contracts have no expiration date, allowing traders to maintain positions indefinitely. The platform intends to leverage its CFTC-regulated status to provide a competitive alternative to offshore exchanges, potentially attracting institutional interest by integrating continuous trading mechanics into its existing prediction market infrastructure.
(Source:BeInCrypto)