Exchanges· ★★★★· bullish·

Kalshi and BitGo Launch Bitcoin and Ether-Backed Loans for Futures Margin

  • —Kalshi Katalyst issues the loans; BitGo Bank & Trust holds collateral under a tri-party setup
  • —BTC, ETH and GENIUS Act-compliant stablecoins qualify as collateral
  • —Kalshi processed about $1.1 billion in perpetuals volume on Tuesday
  • —The product targets large crypto holders and crypto-native trading firms
Why it matters: A regulated U.S. perpetuals venue gains collateral infrastructure that could pull volume back from offshore exchanges.
#BTC#ETH
Source: CoinCentral
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