Kalshi has entered the U.S. perpetual futures market by offering prediction-based contracts, marking a shift from its prediction platform roots. The company secured approval from the Commodity Futures Trading Commission, allowing investors to trade crypto without expiration. With over $90 trillion in trading volume globally, this move signals a major step toward regulated crypto derivatives in America.

CEO Tarek Mansour highlighted the potential for better capital allocation and risk management for U.S. businesses. This development could reshape how investors engage with futures markets, bringing more structure and oversight. The launch underscores Kalshi’s ambition to expand beyond its startup identity into mainstream finance.