Particle.news
Download on the App Store

BitGo Prime and Susquehanna Crypto Launch OTC Prediction-Market Access for Institutions

The setup lets funds post crypto held in custody as collateral to trade event contracts using familiar derivatives paperwork.

Overview

  • A partnership announced Tuesday between BitGo Prime and Susquehanna Crypto offers over-the-counter access to prediction markets for eligible clients.
  • Trades run bilaterally through BitGo’s OTC desk, with Susquehanna Crypto providing liquidity so large orders can be priced and filled off exchange.
  • Clients post collateral already held on BitGo in USD, stablecoins, bitcoin, or other crypto, and BitGo said the minimum trade size is $100,000.
  • The model keeps assets in custody and uses standard derivatives documents, which helps risk and compliance teams approve event-contract exposure.
  • Prediction markets saw about $40 billion to $45 billion in 2025 volume, and moves like Kalshi’s links to Tradeweb and FIS show a broader push to build institutional rails under tighter oversight.