Bitcoin Targets $150K by Year-End Bernstein

BitGo and Susquehanna Launch Institutional OTC Prediction Markets

• BitGo Prime and Susquehanna Crypto have launched an institutional OTC offering for prediction markets.
• The service targets hedge funds, family offices, and ultra-high-net-worth individuals.
• Eligible clients can use collateral in USD, stablecoins, or Bitcoin, with a minimum trade size of $100,000.
• BitGo’s new product line comes shortly after its IPO on January 22 under the ticker BTGO, valuing the company at approximately $2.08 billion.
• The move aligns with a broader trend of integrating prediction markets into traditional finance frameworks.

BitGo and Susquehanna’s new institutional OTC offering allows clients to engage in prediction markets using existing crypto or stablecoin holdings. This development follows BitGo’s recent IPO and reflects the growing institutional interest in prediction markets within traditional finance sectors.