BitGo and Susquehanna create institutional OTC gateway into prediction markets using crypto or stablecoin collateral

first published 2026-03-24T13:48:39Z

BitGo partnered with Susquehanna Crypto to link BitGo Prime’s OTC desk to Susquehanna-provided liquidity, offering hedge funds, family offices and UHNWIs an institutional-grade route into prediction markets. Trades are bilateral through BitGo, typically for contract sizes of $100,000 or more, use standard derivatives-style documentation, and settle with crypto or stablecoin collateral held in BitGo custody. The combined custody, collateral and execution service aims to let institutions trade event-driven contracts without using retail rails or liquidating portfolio assets.

AI Analysis

The partnership establishes an institutional OTC route into prediction markets with custody and bilateral execution for large contracts (typically $100,000+), and accepts crypto or stablecoin collateral held in BitGo—facts that enable institutional participation. However, the announcement describes structural access rather than immediate token-specific market triggers, so it is positive but has limited short-term trading impact.

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