BitGo and Susquehanna Launch OTC Access to Prediction Markets

This service comes amid increasing regulatory scrutiny of prediction markets in the United States, highlighting a growing interest in event-based contracts among institutional investors. S1S2

• The new offering allows institutional investors to trade event-based contracts. S1
• BitGo Prime and Susquehanna Crypto are collaborating on this initiative. S2
• The service is designed for hedge funds, family offices, and high-net-worth individuals. S2
• Digital assets held on BitGo’s platform can be used as collateral for trades. S2
• The offering aims to facilitate transactions without converting crypto holdings into cash. S2
• This move reflects a broader trend of institutional interest in prediction markets. S1
• Regulatory scrutiny of prediction markets is intensifying in the U.S. S1
• Liquidity will be a key feature of the new OTC trading service. S2

• The service addresses a gap in the market for institutional access to prediction markets. S1
• It allows institutions to leverage their crypto holdings more effectively. S2
• The collaboration may set a precedent for future institutional offerings in the crypto space. S1

• Monitor regulatory developments regarding prediction markets in the U.S. S1
• Watch for potential responses from other financial institutions to this new offering. S2
• Keep an eye on how liquidity impacts trading volumes in prediction markets. S2