Prediction market platform Kalshi announced that within 7 days of launching its new cryptocurrency perpetual contract product, the notional trading volume has exceeded $1 billion, with trading volume surpassing $100 million within the first 24 hours after the product went live. Previously, Kalshi received formal approval from the U.S. Commodity Futures Trading Commission (CFTC) at the end of May this year, allowing it to list 13 crypto asset contract projects, including a perpetual contract referencing the Bitcoin spot price (BTCPERP), and officially launched trading on June 3rd, becoming the first entity in U.S. history to offer such products on a domestically compliant exchange. (Cryptobriefing).

KALSHI-1.13%
BTC-2.62%
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WalletHealthInspector
· 7h ago
One billion dollars in seven days, CFTC license with maximum credibility
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Tangerine-FlavoredPullback
· 7h ago
BTCPERP Hits Over 100 Million on Its Launch Day—A Milestone for US-Local Compliant Perpetual Contracts
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GlassDomeObservatory
· 7h ago
Someone has finally succeeded in the path of compliance; Kalshi's opening move is indeed impressive.
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