Kalshi Seeks CFTC Approval for Stock Perpetual Futures

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

The platform plans to seek CFTC approval for roughly 60 equity-linked perpetual contracts, which would allow traders to take leveraged long or short positions on these stocks around the clock.

Kalshi's expansion into stock futures mirrors its growth in crypto derivatives. The firm has already won CFTC approval for a regulated Bitcoin perpetual and is involved in litigation with New Jersey over state gambling laws.

Citadel Securities has opposed Kalshi's plan, arguing that equity-linked perps should remain under SEC oversight to prevent surveillance and insider-trading gaps from 24/7 trading.