Kalshi Approved to Launch Gold and Silver Perpetual Contracts, Seeks Expansion into US Stocks, Copper, and Forex

BlockBeats news, September 10: Prediction market platform Kalshi has received approval from the U.S. Commodity Futures Trading Commission (CFTC) to launch gold and silver perpetual contracts on September 10. This is the first non-crypto perpetual contract product approved by the CFTC. Kalshi was first approved to launch cryptocurrency perpetual contracts at the end of May this year, and to date, the notional trading volume of related products has reached $44 billion.

Kalshi stated that trading volume for gold and silver-related event contracts has exceeded $400 million over the past 7 months, driving its further expansion into precious metals perpetual contract business. In addition, Kalshi is also seeking to launch perpetual contracts related to U.S. stocks, copper, and foreign exchange.