"The partnership connects Bitgo Prime's OTC desk with liquidity from Susquehanna Crypto, creating an institutional-grade framework for trading event-driven contracts, allowing clients to use existing crypto collateral."
"Prediction markets have become a go-to venue for pricing the odds of real-world events, yet institutional participation has lagged due to missing infrastructure around custody, collateral, and execution."
"This offering is designed to give clients a more seamless way to access that liquidity through bilateral OTC execution and digital asset collateral frameworks built for institutional use."
Bitgo Prime and Susquehanna Crypto have partnered to enhance institutional access to prediction markets by connecting Bitgo's OTC desk with Susquehanna's liquidity. This framework allows hedge funds and ultra-high-net-worth individuals to use existing crypto or stablecoin collateral for trading without unwinding positions. The partnership addresses previous infrastructure gaps in custody and execution, enabling trades structured like traditional derivatives. This setup aims to facilitate seamless access to prediction market liquidity, which has become important for pricing real-world events.
Read at news.bitcoin.com
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