Kalshi plans perpetual futures on Tesla, Apple, Nvidia stocks
- —Kalshi plans about 60 perpetual futures on stocks of companies with market caps above $100 billion
- —SEC and CFTC approval is required because contracts on individual stocks are considered security futures
- —Trading volume in stock perpetuals on Hyperliquid has grown from $4 billion to $212 billion since the start of the year
- —CME Group sued the CFTC over its approval of Kalshi's perpetuals, calling them swaps rather than futures
Why it matters: The launch of stock perpetuals in the U.S. could draw crypto liquidity into traditional equities and intensify regulatory disputes over the classification of such products.
Source: Newsbit