Kalshi targets crypto perpetuals market expansion

Kalshi, known for its prediction markets, is reportedly planning a significant expansion into the cryptocurrency space. The company aims to introduce perpetual futures contracts for Bitcoin and other digital assets within the United States. This move would allow U.S. investors to engage in leveraged trading of crypto prices without expiration dates, a market segment that has faced regulatory limitations. The expansion signals Kalshi's ambition to diversify its offerings and tap into the growing crypto derivatives market.