Kalshi Wants 24/7 Perps on Tesla, Apple & Nvidia | CoinDesk Daily

Kalshi is planning to launch 24/7 perpetual futures for Tesla and Nvidia, aiming to offer around 60 perpetual futures linked to individual stocks and ETFs, including Apple. This initiative would enable trading during nights and weekends, allowing traders to gain real-time insights into these companies outside of standard market hours.

Senator Cynthia Lummis is pushing for the passage of the Clarity Act, which has been amended to include over 114 provisions requested by Democrats. She argues that legislative clarity in crypto regulations is essential, rather than leaving regulatory decisions solely to the SEC and CFTC. The first procedural vote for the Clarity Act is set for Tuesday and requires the support of 60 senators to move forward.

In a significant move, Ripple is entering the corporate treasury sector, having invested a billion dollars in this area last year. The company has launched new G-Smart tools designed to help businesses monitor their cash flow, identify potential issues, and recommend actions. However, any actions suggested by these tools will require human approval before execution.

The introduction of 24/7 trading for Tesla and Nvidia could reshape how investors engage with these stocks, providing continuous access and potentially increasing market liquidity. This development reflects a growing trend towards more flexible trading options in the financial markets.

The Clarity Act's progress is crucial for the future of crypto regulation in the United States, as it seeks to establish a clearer framework that could benefit both investors and companies operating in the crypto space. The outcome of the upcoming vote will be pivotal in determining the legislative landscape for cryptocurrencies.

Ripple's foray into corporate treasury management signifies a strategic expansion beyond its core business, aiming to leverage its technology to assist companies in financial management. This move could position Ripple as a key player in the corporate finance sector, especially as businesses increasingly seek innovative solutions for cash flow management.