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BitGo Helps Kalshi Traders Use Crypto Without Exiting Holdin…

BitGo Helps Kalshi Traders Use Crypto Without Exiting Holdin…

Kalshi and BitGo Holdings have partnered to enable some Kalshi clients to use eligible cryptocurrencies to post collateral for leveraged perpetual futures trades, Bloomberg reported Wednesday (Oct. 21).

Under this collaboration, customers of Kalshi’s U.S.-registered futures commission merchant, Kalshi Prime, will be able to borrow against digital assets held at BitGo, which is a digital asset infrastructure firm, and use the proceeds to fund margin positions on futures traded on Kalshi’s prediction markets platform, according to the report.

This arrangement is designed to meet the needs of investors who, for example, don’t want to exit their bitcoin holdings or rely on stablecoins for their business operations, Kalshi Prime CEO

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