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Kalshi Users Pour $300 Million Into Stock Perps Within Hours of U.S. Debut

Kalshi Users Pour $300 Million Into Stock Perps Within Hours of U.S. Debut

Photo: Unchained

Contracts on Palantir, Meta, SpaceX and dozens more answer to both the CFTC and SEC, two days after Chairman Michael Selig said equity perps could trade onshore. Kalshi , the CFTC-regulated prediction market, rolled out perpetual futures tied to individual U.S. stocks on Nov. 5 and said it is the first company in the country to offer them. Traders can take positions on more than 50 stocks that trade on the NYSE and Nasdaq, Kalshi said, among them Palantir, Meta, SpaceX and McDonald’s. The stock contracts extend a perps business Kalshi started with crypto.

Source: Unchained

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