Kalshi Pursues Stock Perpetual Futures Amid Regulatory Debate

Kalshi Prediction Market is set to expand its offerings by seeking U.S. approval for perpetual futures tied to major stocks and ETFs, including Tesla, Apple, and Nvidia.

The proposed contracts would allow investors to take leveraged long or short positions on these stocks 24/7, rather than during regular market hours.

Citadel Securities has opposed the plan, arguing that equity-linked perpetual futures should remain under SEC oversight and warning of potential surveillance and insider-trading gaps from 24/7 trading.

Kalshi's expansion faces regulatory uncertainty, as CME is already challenging its Bitcoin perpetual approval in federal court.