[Prediction Markets Kalshi and Polymarket Plan to Launch Perpetual Contract Trading] According to CoinDesk, prediction market platform Kalshi plans to launch cryptocurrency perpetual contract trading in the United States, starting with perpetual contracts for tokens like Bitcoin, leveraging its existing CFTC license and recently approved margin trading permissions to compete with platforms such as Coinbase and Robinhood. Kalshi's expansion comes at a time of shifting regulatory environments in the U.S., as these types of products were previously primarily traded offshore. Kalshi's competitor Polymarket also announced on Tuesday its plans to introduce perpetual contracts on its platform. As cryptocurrency trading volumes decline and prediction market activity surges, the two sectors are rapidly converging, with platforms expanding their product lines to compete for the same group of traders.