Kalshi draws $300 million into stock perps hours after U.S. launch
AI summary
Kalshi users put $300 million into stock perpetual contracts within hours of the product's U.S. debut, covering names including Palantir, Meta and SpaceX. The contracts fall under both CFTC and SEC oversight, arriving two days after Chairman Michael Selig said equity perps could trade onshore. The rapid volume signals strong demand for regulated onshore perpetual-style trading, a structure crypto venues have long sought, and could pressure how U.S. regulators treat similar products.
