Kalshi Seeks Approval for Stock Perpetuals Amid Regulatory Uncertainty

Kalshi Prediction Market is pushing for U.S. approval to list perpetual futures tied to major stocks and ETFs, including Tesla, Apple, and Nvidia.

The move aims to bring crypto-style derivatives trading to these assets, with the firm planning to seek permission from the Commodity Futures Trading Commission (CFTC) for around 60 equity-linked perpetual contracts.

This expansion comes amid regulatory uncertainty, as CME is currently challenging Kalshi's Bitcoin perpetual approval in federal court.

Citadel Securities has raised concerns about the plan, arguing that equity-linked perps should remain under SEC oversight and warning of surveillance and insider-trading gaps from 24/7 trading.