Wall Street Banks Weigh Perpetual Futures as Kalshi Charges Ahead

As regulated perpetual futures arrive in the United States, some trading firms and cryptocurrency exchanges are embracing them, while traditional Wall Street banks are taking a more cautious approach, CoinDesk reported Monday (July 27). The banks are deciding whether this offering is a passing retail craze and are waiting until liquidity, rules and infrastructure mature, according to the report. Meanwhile, Kalshi ’s perpetual futures tied to bitcoin and other digital assets topped $1 billion in