BitGo partners with Kalshi to let traders collateralize crypto assets for leveraged trading without selling their holdings

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BitGo and Kalshi are partnering to allow some customers of Kalshi Prime, a U.S.-registered futures commission merchant, to use eligible crypto assets as collateral to borrow funds for margin positions in perpetual contracts on the Kalshi platform. Customers do not need to sell their bitcoin holdings or rely on stablecoins to conduct business, and Kalshi hopes this will allow customers to continue holding their crypto assets.