Bitgo and Susquehanna Crypto Launch Institutional-Grade Prediction Market Framework

Bitgo and Susquehanna Crypto have teamed up to provide institutional clients with an alternative route into the rapidly growing market of prediction markets. By combining their expertise in custody, collateral, and execution, the two companies aim to plug a significant gap in infrastructure that has hindered institutional participation until now.

The new OTC framework, launched on Tuesday, allows eligible institutions such as hedge funds, family offices, and high-net-worth investors to trade prediction markets using digital asset collateral. This means that clients can post USD, stablecoins, or other cryptocurrencies as collateral to access liquidity across reasonably liquid event contracts, typically sized at $100,000 or more.

The partnership has been designed to mirror traditional derivatives markets by using standard derivatives documentation, including binary option and event contract confirmations. This familiar framework will enable institutional clients to manage risk and onboard new participants with ease.