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BitGo and Kalshi Prime launch crypto-backed margin financing for institutional traders, The FX Times reports
- BitGo and Kalshi Prime launch crypto-backed margin financing for institutional traders, The FX Times reports — BitGo and Kalshi Prime announced on Oct. 22 a crypto-backed margin financing network called HODL Margining, allowing eligible traders to use Bitcoin, Ethereum or eligible stablecoins held with qualified custodians as collateral for US dollar loans from Kalshi Katalyst to finance margin on KalshiEX. BitGo Bank and Trust is the first qualified custodian in the network, and pledged assets remain in qualified custody rather than being sold or transferred to the trading venue. (The FX Times)
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