Introducing Prediction Markets Built for Institutions

Key takeaways:

• First-of-its-kind offering: BitGo's OTC desk now offers access to event-linked derivatives with Susquehanna Crypto providing back-end liquidity

• Institutional execution: Trade prediction market outcomes using crypto and stables as collateral with BitGo as your counterparty.

• All-in-one-platform: Access prediction markets alongside custody, staking, trading, financing, and settlement through a single trusted provider.

Prediction markets are no longer experimental. They are becoming critical infrastructure for price discovery mechanisms for outcomes that move capital markets. In 2025 alone, prediction market total trading volume reached $44 billion, with major institutions like Intercontinental Exchange Inc., the parent of the New York Stock Exchange, backing platforms like Polymarket with $2 billion in investment.

Institutional interest in prediction markets has followed but what has lagged is reliable infrastructure that allows institutions to act at scale. Retail platforms weren't built for institutional position sizes, bilateral counterparty structure, or crypto collateral frameworks. BitGo changes today.

Introducing BitGo OTC Prediction Markets

BitGo's established Over-the-Counter (OTC) desk, trusted by leading institutions for spot, derivatives, and financing, now enables institutional access to prediction markets through OTC event-linked derivatives. This allows clients to trade outcomes without accessing a retail platform.

What This Unlocks

Hedge funds, family offices, and high-net-worth individuals (HNW) can trade on an OTC basis using cryptocurrency or stablecoin-denominated collateral already held within the BitGo platform to:

• Express views - take direct positions on specific outcomes with defined payoffs, without exposure through other instruments or platforms.

• Hedge event-driven risk - offset exposure to events through familiar bilateral derivatives framework.

• Deploy capital efficiently - use crypto or stablecoins held at BitGo as collateral. No liquidation or fiat conversions required.

BitGo's OTC desk serves as the trusted counterparty for trades with liquidity for offering supported by Susquehanna Crypto, bringing decades of expertise in event and sports markets.

"Prediction markets have developed into an increasingly relevant venue for price discovery around real-world events, but institutional access has remained limited," said Matt Ballensweig, Global Head of Trading at BitGo. "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 - clients can post USD, stablecoins, BTC or other crypto as collateral to trade any listed contract for $100k or greater."

"At Susquehanna Crypto, we see growing demand for event-driven exposure, but the execution model has remained fragmented," said Chase Lax, CEO at Susquehanna Crypto. "By supporting BitGo's OTC offering with liquidity, we are helping create a more efficient institutional framework for accessing prediction market exposure using crypto and stablecoin collateral."

One Platform, Every Capability

Event-linked derivatives don't exist in a silo at BitGo. They are now a part of BitGo's integrated digital asset product suite across custody, staking, trading, financing, and settlement.

This means fewer relationships to manage, lower operational complexity, and seamless capital movement across strategies, without sacrificing the depth of quality of any individual service.

The Time is Now

Prediction markets have gone from curiosity to conviction. The volume and institutional demand has been building. What's been missing is an institutional product that meets them where they operate, and now that gap is closed. BitGo's offering is now live and the fastest path to institutional-grade prediction market access today.

Don't Watch This Market, Participate in It

Connect with our team to access event-linked derivatives and prediction markets into your strategy.