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Wednesday 28 OctoberAdvertiseSources read

BetFury & Crypto Casinos

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

Reported by Samyukhtha L KM, AMBCrypto

Image: AMBCrypto

Kalshi wants its big clients to keep their crypto and trade with it too. Kalshi Prime users will be able to borrow against their Bitcoin [BTC], Ethereum [ETH] and stablecoins held at BitGo. Then, they can use that cash as margin for perps on Kalshi! Crypto backed loans on Kalshi Prime Kalshi Prime is the prediction market's US registered futures commission merchant. The new setup is for those who need dollars for margin, but would rather not sell for it.

This is an excerpt. The reporting belongs to AMBCrypto.

Read the full report on ambcrypto.com

Also carried by Crypto Economy

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