Prediction markets enter crypto futures

Kalshi and Polymarket, prominent prediction markets, are reportedly planning to venture into the highly volatile realm of cryptocurrency perpetual futures. This strategic move would place them directly into one of the largest and most speculative segments of digital asset trading. Perpetual futures currently dominate centralized crypto exchanges, accounting for over 70% of their trading volume. Entering this market signifies a significant expansion for these platforms, potentially attracting a new wave of users interested in high-risk, high-reward crypto derivatives.