Kalshi Partners With BitGo to Offer Crypto-Backed Loans for Perpetual Futures Trading

Kalshi has partnered with BitGo to allow institutional investors to use Bitcoin and Ether as collateral for trading CFTC-regulated perpetual futures. Under the agreement, Kalshi Prime's lending arm, Kalshi Katalyst, issues loans against pledged assets, with BitGo Bank & Trust acting as custodian. Eligible collateral includes Bitcoin, Ether, and GENIUS Act-compliant stablecoins, enabling clients to gain leverage without liquidating spot holdings. The move follows regulatory approval of Kalshi's BTCPERP contract, with the platform recently processing nearly $1.1 billion in daily perpetual futures volume.