Kalshi Files with CFTC to Launch Perpetual Futures on U.S. Stock Indexes and Copper
Kalshi, recognized for its prediction markets, has submitted a filing to the Commodity Futures Trading Commission (CFTC) seeking approval to introduce perpetual futures contracts linked to U.S. equity indexes and copper. This application, made on Tuesday, represents Kalshi's effort to broaden its offerings beyond event contracts into the traditional derivatives market. This strategic shift indicates the firm's desire to diversify its operations, which have primarily focused on prediction markets. Should the CFTC approve the filing, Kalshi would become part of a growing trend of platforms providing crypto-like perpetuals for conventional assets. The company has yet to announce a launch date or specify the indexes involved, as it awaits regulatory clearance.
Key facts
- Kalshi filed with the CFTC on Tuesday.
- The filing covers perpetual futures contracts.
- Contracts are tied to U.S. equity indexes.
- Contracts are also tied to copper.
- This is Kalshi's latest effort to expand beyond prediction markets.
- The move targets traditional derivatives territory.
- No launch date has been disclosed.
- The CFTC must review and approve the filing.
Entities
Institutions
- Kalshi
- Commodity Futures Trading Commission (CFTC)
Locations
- United States
Sources
- Quartz —