Regulated Perpetual Crypto Futures Arrive in US Market

The launch of regulated perpetual crypto futures by Coinbase and Kalshi has opened up new opportunities for American investors to participate in the global cryptocurrency market.

Perpetual futures, also known as 'perps', are a type of financial derivative that allows traders to buy or sell a contract based on the value of a specific asset without having an expiration date. This means investors can hold their trading position open indefinitely without additional costs or effort.

The introduction of these products marks a significant breakthrough in the regulatory process, with Kalshi successfully navigating the CFTC's voluntary review framework and Coinbase receiving a formal no-action letter from the agency.