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Kalshi Pushes Deeper Into Crypto Derivatives With Bitcoin-Backed Margin Loans

Kalshi Pushes Deeper Into Crypto Derivatives With Bitcoin-Backed Margin Loans
Photo: Bitcoin Magazine

BTC when published $84,474Now $80,568 ▼ −4.62% since it was published

Bitcoin Magazine Kalshi Pushes Deeper Into Crypto Derivatives With Bitcoin-Backed Margin Loans Kalshi is doubling down on its bid to become the regulated U.S. home for crypto perpetual futures, pairing a new bitcoin-backed lending arrangement with digital-asset custodian BitGo alongside a distribution deal that will put its perpetual contracts in front of Webull’s more than 6 million customers. Bloomberg first reported Wednesday that customers of Kalshi Prime, the company’s U.S.-registered futures commission merchant, will be able to borrow against digital assets held at BitGo and use the proceeds to fund margin positions on perpetual futures traded on Kalshi’s main exchange.

First reported by Bitcoin Magazine. This page is a short excerpt; the full text is theirs.

Read the full story at Bitcoin Magazine (opens in a new tab)

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