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BitGo and SIG Crypto team on prediction market access

The new OTC service allows eligible institutional clients to trade with crypto collateral on prediction markets, tapping into a sector that saw $44 billion in volume in 2025.

  • On Tuesday, BitGo Prime and Susquehanna Crypto launched an institutional OTC offering, allowing eligible clients to trade prediction markets using digital assets held as collateral on BitGo's platform.
  • The offering targets hedge funds and high-net-worth investors who largely watched from the sidelines as prediction market volume topped $44 billion in 2025, up from under $16 billion the prior year.
  • Trades require a $100,000 minimum and are executed bilaterally through BitGo's OTC desk, with liquidity provided by Susquehanna International Group, one of the world's largest quantitative trading firms.
  • This model mirrors traditional derivatives by allowing collateralized positions rather than full upfront funding, bringing institutional custody infrastructure BitGo established after raising $212.8 million in January.
  • Broader industry professionalization continues as Kalshi rolled out new compliance controls this week and Commodity Futures Trading Commission Commissioner Michael Selig expressed support for the sector's legitimacy.
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Coin Desk broke the news in Manila, Philippines (the) on Tuesday, March 24, 2026.
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