Prediction Markets Platform Kalshi Delves Further Into Traditional Derivatives, Seeks CFTC Nod for Copper Perpetual Futures Contract

Prediction Markets Platform Kalshi Delves Further Into Traditional Derivatives, Seeks CFTC Nod for Copper Perpetual Futures Contract

Kalshi prediction market platform is expanding into regulated perpetual futures trading for copper, a key industrial metal. The proposed COPPERPERP contract would track the spot price of copper in U.S. dollars per pound using a price feed from Pyth Network, a blockchain-based data oracle that aggregates pricing from various participants such as market makers and exchanges. In a filing with the Commodity Futures Trading Commission seeking to laun…