The prediction market companies are preparing to enter the U.S. crypto perpetual futures market, challenging Coinbase and Robinhood in a segment described as more than 70% of centralized exchange volume.
Kalshi and Polymarket are planning to offer crypto perpetual futures in the United States, expanding beyond prediction markets into one of the largest segments of digital asset trading. The source says perpetual futures (crypto derivatives with no expiry date) account for more than 70% of centralized exchange volume, underscoring why the market is strategically important. Their move would place them in competition with Coinbase and Robinhood, two established U.S. trading platforms. The source also says both companies are targeting $20 billion valuations as part of broader expansion plans.