Kalshi launched today perpetual futures on cryptocurrencies with dollars as initial collateral.


Interesting that John Wang, their head of the crypto sector, highlighted how Bitcoin has become the main payment source within the platform's ecosystem.
In short, we are seeing more and more integrations of cryptocurrencies into traditional trading systems.

What strikes me is the plan to incorporate stablecoins in the future.
It makes sense, as it would greatly simplify liquidity movements.
Meanwhile, BTC continues to do its thing, and with these new derivative tools, there could be even more activity in the coming months.
Crypto news lately is full of these developments in financial instruments, and honestly, it’s starting to seem like the market is consolidating more and more.
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