Kalshi Seeks Approval for Stock Perpetual Futures Linked to TSLA and AAPL

Kalshi, a prediction market platform, has announced its intention to apply for regulatory approval to launch the first U.S. regulated stock perpetual futures. These futures will be linked to major companies such as Tesla (TSLA), Apple (AAPL), and Nvidia (NVDA).

Perpetual contracts have gained popularity in recent months, particularly after a trading surge in oil-linked contracts on decentralized exchanges earlier this year.

Kalshi aims to provide traders with the ability to operate around the clock using leverage through its introduction of around 60 perpetual contracts tied to popular ETFs and companies with market capitalizations exceeding $100 billion.