Kalshi Pushes Deeper Into Crypto Derivatives With Bitcoin-Backed Margin Loans
By Micah Zimmerman
AI summary of the source article
Kalshi has introduced crypto-backed margin loans via custodian BitGo to fund perpetual futures trading on its exchange. Additionally, Webull partnered with Kalshi to offer its CFTC-regulated perpetual contracts to eligible U.S. customers beginning in November.
Why it matters
Webull Group President Anthony Denier stated that perpetual futures saw over $90 trillion in global volume in 2025 and "that American investors should be able to access them through a regulated platform."
Key facts
- Kalshi Katalyst will issue margin loans against digital assets held at BitGo Bank & Trust to fund perpetual futures trading on Kalshi's exchange.
- Webull announced that eligible U.S. users can trade Kalshi-cleared perpetual futures starting in November with bitcoin and other crypto assets.
- Utah became the latest state to sue Kalshi on Monday over allegations of illegal sports gambling.
Source excerpt · Bitcoin Magazine
Bitcoin Magazine Kalshi Pushes Deeper Into Crypto Derivatives With Bitcoin-Backed Margin Loans A new tri-party lending structure with BitGo lets Kalshi Prime clients borrow against bitcoin to margin perpetual futures. This post Kalshi Pushes Deeper Into Crypto Derivatives With Bitcoin-Backed Margin Loans first appeared on Bitcoin Magazine and is written by Micah Zimmerman .