🚨 Kalshi Goes Big on Stocks! šŸ“ˆ
​Prediction market favorite Kalshi is making moves to shake up Wall Street! The platform has officially submitted applications to both the SEC and CFTC to launch perpetual contracts for individual U.S. mega-cap stocks like Tesla, Apple, and Nvidia.
​Unlike classic stock futures, these bad boys have no expiration dates. Instead, they rely on periodic funding rates between long and short traders to keep contract prices perfectly aligned with real-time stock quotes.
​If approved, the single-stock contracts will be treated as security futures products and cleared right through Kalshi’s own CFTC-registered clearinghouse, Kalshi Klear. āš”ļø
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