Kalshi partners with BitGo, allowing digital assets such as BTC and ETH to be pledged as collateral for futures margin.

On October 21, according to Bloomberg, prediction market platform Kalshi has entered into a tripartite collateral management arrangement with crypto custody provider BitGo. Clients of Kalshi Prime, the US-registered futures commission merchant under Kalshi, can pledge digital assets custodied at BitGo Bank & Trust as collateral to secure loans for margining their futures positions on the Kalshi exchange.

The loans are facilitated by Kalshi Katalyst, a lending affiliate under Kalshi Prime, which currently supports BTC, ETH, and stablecoins compliant with the requirements of the GENIUS Act as collateral assets, and plans to integrate additional custody providers in the future.

Kalshi has previously launched perpetual contracts for gold, silver, and cryptocurrencies, and has applied to further expand its perpetual product offerings to underlyings such as crude oil and US equities.