Kalshi Inc., a prediction markets platform, has announced a new service allowing select clients to use cryptocurrencies as collateral for leveraged perpetual-futures trades. The arrangement, made with digital-asset custodian BitGo Holdings Inc., enables customers of Kalshi Prime to borrow against digital assets held at BitGo. These funds can then be used to open margin positions on futures traded on Kalshi’s main exchange.
The move expands the options available to traders who prefer using cryptocurrencies for collateral. Kalshi Prime, registered as a futures commission merchant in the US, will facilitate the process, ensuring compliance with regulatory standards. The announcement was made in a statement released on Wednesday.