Calci has reportedly applied to certify perpetual futures contracts tied to XRP, Solana, Dogecoin and other major crypto assets in the US.
summary
- Calci has reportedly applied to certify XRP, Solana, Dogecoin and other perpetual altcoin futures in the US.
- The move follows the Commodity Futures Trading Commission (CFTC)’s approval of Calcci’s perpetual Bitcoin futures contract, known as BTCPERP.
- Kalshi’s reported XRP introduction comes on the heels of growing demand for regulated US cryptocurrency derivatives products.
The reported filing will expand Kalshi’s cryptocurrency derivatives plan beyond Bitcoin. A post from BankXRP said Kalshi submitted an application to certify perpetual futures contracts for XRP, SOL, DOGE and more altcoins in the US.
The submission has not yet received the same public approval as a perpetual Bitcoin contract. For this reason, the XRP product should be treated as a reported release, rather than a confirmed launch.
The CFTC path follows Bitcoin approval
Kalshi’s perpetual Bitcoin futures contract recently received approval from the Commodity Futures Trading Commission. The regulator said that Calci submitted the BTCPERP contract for review under Commission Regulation No. 40.3.
The CFTC also said that the perpetual contract design may not be suitable for every asset class. It encouraged companies to submit other asset-based products for review and approval before listing.
This point is important for XRP and other altcoins. Even if Calci offers products, each contract may still need a separate audit trail before it can be traded.
CF standards may support pricing
Calci reportedly plans to use CF Benchmarks pricing data for its proposed perpetual cryptocurrency products. CF Benchmarks already provides regulated cryptocurrency benchmark rates used across many institutional products.
The Kalshi pricing framework may help determine reference prices and financing rates for perpetual contracts. Such contracts do not expire and financing payments are usually used to keep futures prices close to spot prices.
XRP already has a broader institutional market structure than in previous cycles. The Chicago Mercantile Exchange used CF Benchmarks data for XRP futures, while crypto.news also tracked rising XRP Ledger activity and demand for ETFs.
The race for regulated cryptocurrency derivatives expands
As crypto.news previously reported, like… receive CFTC approves BTCPERP while Coinbase opens a regulated path for US institutions through Deribit-linked products.
Separate crypto.news news coverage I mentioned Kraken plans to launch regulated perpetual bitcoin futures through Bitnomial within 30 days. This puts Kalshi, Coinbase, and Kraken in the fast-moving US derivatives race.
Calci has also grown beyond its original prediction market base. Crypto.news reported that the company receipt $22 billion valuation after $1 billion Series F round, with institutional trading volume rising sharply.
The reported XRP filing adds another layer to this expansion. If approved, it could give US traders a regulated way to trade XRP price exposure through perpetual futures contracts without holding the token directly.
For now, the key point is the regulatory situation. Bitcoin criminals have received confirmed approval from the Commodity Futures Trading Commission (CFTC) in Calci. XRP, Solana, and Dogecoin remain as reported deposits until the regulator confirms approval or Kalshi announces an official launch.
