Kalshi Pushes Beyond Crypto with Perpetual Futures Expansion Plans

Kalshi, a prediction markets startup, is expanding its regulated perpetual futures derivatives contracts beyond cryptocurrency into metals, foreign exchange, and energy markets.

The company launched the United States' first regulated crypto perpetual futures in May after receiving CFTC approval, generating $16.1 billion in trading volume since launch.

Kalshi's chief risk officer Udesh Jha confirmed that the company is actively pursuing regulatory clearance to extend perpetual contracts into foreign exchange, metals, and energy, asset classes where geopolitical volatility and seasonal price swings generate persistent investor demand.