Kalshi has filed an application to launch foreign exchange and interest rate perpetual contracts.
1 hours ago
Kalshi’s Head of Institutional Business Andy Ross said the platform has submitted an application to regulators to launch perpetual contracts based on foreign exchange and interest rates. The application was filed on Monday and, as of Tuesday afternoon, had not yet appeared in the public filing system of the U.S. Commodity Futures Trading Commission (CFTC). Previously, the CFTC approved Kalshi to launch Bitcoin perpetual contracts in May this year, followed by Ethereum (ETH) and Ripple (XRP) perpetual contracts. Since then, Kalshi has expanded its perpetual contract offerings to assets beyond cryptocurrencies: it filed applications for gold, silver and platinum perpetual contracts in July, and for U.S. large-cap stock index and copper perpetual contracts on August 18. Ross noted that Kalshi aims to integrate multiple asset classes including stocks, commodities, cryptocurrencies, fixed income and interest rates into a unified trading interface. The platform’s number of markets has now increased from around 4,000 to roughly 10,000, and trading activity has gradually spread from a small number of popular markets to more segments.
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