Kalshi and Kraken parent company apply to launch stock-linked perpetual futures in the US

Prediction market platform Kalshi has filed applications with the SEC and CFTC to launch perpetual futures linked to individual US stocks, featuring periodic funding rate settlements. Additionally, Kraken's parent company, Payward, through its Bitnomial Exchange, has applied to offer perpetual contracts for 10 major US stocks, including Tesla, Nvidia, Apple, Microsoft, and Amazon, with plans for 24/5 trading.