Kalshi and BitGo bring crypto-backed margin loans to institutional traders

Share

Kalshi Prime users will be able to borrow funds from Kalshi Katalyst against their Bitcoin, Ethereum and stablecoins held at BitGo Bank and Trust. The borrowed funds can be used as margin to trade perpetual futures on the platform, including contracts on cryptocurrencies, gold, oil and US stocks. Eligible stablecoins must meet GENIUS Act requirements, and additional custodians are expected to be added later. The service targets crypto trading firms and eligible clients seeking dollar liquidity without selling their holdings.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items