Kalshi, Polymarket Expand Crypto Push With Perpetual Futures

Kalshi Inc. and Polymarket are getting closer to launching new products that will take them deeper into crypto trading with so-called perpetual futures.

Kalshi plans to launch the product, tied to the prices of cryptocurrencies, in the coming weeks, according to a person familiar with the plans who was not authorized to discuss non-public information. The products will be Kalshi’s first foray beyond the event contracts it offers on its prediction markets.