Kalshi Pushes Deeper Into Crypto Derivatives With Bitcoin-Backed Margin Loans
AI summary
Kalshi is expanding into crypto derivatives by launching bitcoin-backed margin loans for its Kalshi Prime clients, using a new tri-party lending structure built with BitGo. The setup lets clients borrow against their bitcoin holdings to margin perpetual futures trades. A regulated US venue adding leveraged, collateralized derivatives infrastructure could deepen institutional participation in crypto markets, a modestly constructive signal for BTC demand and trading volumes.
