Kalshi plans to launch futures contracts in December tracking US CPI and core inflation indicators.

BlockBeats news, October 23, according to Bloomberg, Kalshi is exploring a new area competing with traditional financial trading platforms, pitching inflation-linked futures markets in the US to large global banks and hedge funds.

According to people familiar with the matter, the New York-based company, known for prediction markets, plans to launch exchange-traded futures contracts in December tracking the US Consumer Price Index (CPI) and core inflation measures. The core inflation measure excludes food and energy prices.

Kalshi has hired former Barclays trader Michael Ashton to design the contracts and attract participation from large investment institutions. Ashton is known as "Mr. Inflation" for his expertise in inflation trading.