BitGo, Susquehanna roll out institutional OTC access to prediction markets
Why it matters: New institutional access to prediction markets could reshape crypto investment strategies.
- BitGo and Susquehanna are collaborating to offer institutional OTC access to prediction markets.
- Institutional investors can now trade event-based contracts utilizing crypto collateral through this new offering.
- Regulatory scrutiny of prediction markets in the United States is intensifying, adding a layer of complexity to this market expansion.
BitGo and Susquehanna have launched a new offering providing institutional investors with over-the-counter (OTC) access to prediction markets, allowing them to trade event-based contracts using crypto collateral. This move comes amidst increasing regulatory scrutiny of prediction markets within the United States, highlighting a strategic push to legitimize and expand institutional participation despite the evolving legal landscape.
