Coinbase, Kalshi bring regulated perpetual crypto futures to US investors

▤ Summary

Coinbase and Kalshi are launching regulated perpetual crypto futures for U.S. investors through domestic exchanges. The new products let traders hold leveraged futures positions without an expiration date. The launch follows CFTC approval, which moves these contracts into a formal onshore regulatory framework. The article also highlights the higher risk of perpetual futures, especially for retail investors. Kalshi says the move expands its role from prediction markets into derivatives trading.

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