BitGo-Held Bitcoin and Ether Will Secure Perps Margin Loans for Some Kalshi Prime Clients

Kalshi Prime clients will be able to take out loans against Bitcoin , Ether and stablecoins held at BitGo and put the cash toward margin on perpetual futures listed on Kalshi’s exchange, Bloomberg reported on Wednesday, citing a company statement and an interview with Kalshi Prime CEO Jeff Bandman . Kalshi Prime is the prediction market’s US-registered futures commission merchant. The arrangement lets its clients keep their crypto exposure rather than selling coins to raise dollars for margin.