Kalshi has been granted permission to launch perpetual futures contracts for gold and silver, competing with traditional exchanges for business.
Prediction market platform Kalshi is extending its reach from cryptocurrencies to precious metals, further increasing the pressure on traditional futures exchanges.
According to a CNBC report on September 10, Kalshi has received approval from the U.S. Commodity Futures Trading Commission (CFTC) to officially launch perpetual futures contracts for gold