Kalshi Expands Crypto Utility, Allowing Bitcoin as Collateral for Futures Trades

TL;DR: Kalshi Prime partnered with BitGo Holdings to allow institutional clients to secure crypto-backed loans and fund trading margins. The program accepts Bitcoin, Ether, and compliant stablecoins under a tri-party custody framework at BitGo Bank & Trust. The platform processed nearly $1.1 billion in daily trading volume for perpetual futures last Tuesday, according to market records. Financial derivatives and prediction platform Kalshi enabled a mechanism allowing institutional traders to use Bitcoin as collateral for perpetual futures trading within a regulated U.S. framework. The announcement was formalized following a strategic custody partnership with specialized firm BitGo Holdings. The operating framework is executed through Kalshi Prime, the CFTC -registered futures commission merchant.

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