Prediction Markets and U.S. Exchanges Gain New Perps Access as CFTC Opens the Door

Wintermute said it is supplying two-sided liquidity on prediction markets Polymarket and Kalshi to tighten spreads, support larger trades, and improve price reliability. The article also notes that the CFTC separately allowed Kalshi to offer U.S. perpetual futures tied to Bitcoin.
AI Analysis
The story reports a market maker adding liquidity and improving price reliability on major prediction markets, which is positive for market quality but not a direct trading catalyst. The only concrete crypto-specific regulatory detail is that Kalshi was allowed to offer U.S. Bitcoin perpetual futures, which is relevant but limited in immediate market impact.