Kalshi plans to seek US regulatory approval for perpetual futures tied to individual stocks, including Tesla, Apple and Nvidia, according to a Wall Street Journal report. If approved, the contracts would be the first regulated US perpetual futures on single stocks.
Why it matters
Perpetual futures are designed for ongoing exposure without a fixed expiry, linking a crypto-native derivatives format with the US single-stock market. The proposal would test whether a prediction-market platform can expand into continuously traded equity derivatives while remaining inside the US regulatory framework.
Market impact
Approval would give traders a regulated route to gain or hedge exposure to high-profile stocks, while putting contract design and oversight under closer scrutiny. The immediate catalyst is the approval process, not a launch date. Its outcome could help define how US regulators treat prediction-market products tied to traditional assets.
Frequently asked questions
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What stocks are named in Kalshi's proposed contracts?
The proposal names Tesla, Apple and Nvidia as examples of individual stocks that could underpin the contracts.
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Why does the perpetual structure matter for oversight?
Perpetual futures are designed for ongoing exposure without a fixed expiry, creating a continuous single-stock derivatives product for regulators to assess.
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How could approval affect prediction markets?
It would test whether a prediction-market platform can expand into continuously traded equity derivatives under the US regulatory framework.
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What is the next milestone for Kalshi's plan?
The immediate milestone is the US regulatory approval process rather than a stated launch date.
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What would approval mean for traders?
It would create a regulated route to gain or hedge exposure to high-profile stocks such as Tesla, Apple and Nvidia.
CoinTelegraph