BitGo Bank Becomes First Custodian for Kalshi Prime Network

BitGo Bank & Trust, a subsidiary of BitGo, has joined Kalshi Prime’s HODL Margining network as its inaugural custodian. This integration enables the network to facilitate futures commission merchant activities.

What Happened

BitGo Bank & Trust, a subsidiary of BitGo, has officially become the first custodian for Kalshi Prime’s new HODL Margining network, according to a joint statement from both companies on Thursday, October 22, 2026. This development establishes a framework for futures commission merchant operations within the network (MarketScreener).

Key Details

• BitGo Bank & Trust is a subsidiary entity of BitGo (MarketScreener).
• The integration specifically involves Kalshi Prime’s new HODL Margining network (MarketScreener).
• This partnership designates BitGo Bank & Trust as the first custodian for the network (MarketScreener).

Why It Matters

The addition of BitGo Bank & Trust as the first custodian for Kalshi Prime’s HODL Margining network signifies a foundational step in the network’s operational capabilities. Custodians play a critical role in the regulated financial sector by holding assets for clients, which is essential for the functioning of futures commission merchants. This arrangement provides a structured framework for managing collateral within the network (MarketScreener).