Kalshi and Coinbase Partner to Secure Event Trading Funds
Kalshi, an event contract trading platform, has announced a new partnership with Coinbase Custody to enhance the security of funds held on its exchange.
The collaboration is designed to provide institutional-grade protection for all USDC (USD Coin) held by Kalshi customers. This move aims to bring event contracts closer to the financial mainstream, offering the same security standards as traditional assets like stocks and bonds.
Enhancing Security and Trust
The new partnership integrates Coinbase Custody’s security infrastructure with Kalshi’s regulated exchange. Coinbase Custody is a trusted name in digital asset custodial services, known for its compliance and security protocols used by major financial institutions. By leveraging this infrastructure, every deposit, trade, and payout on Kalshi is now protected by institutional-grade security.
This combination of Kalshi’s regulation under the Commodity Futures Trading Commission (CFTC) and Coinbase’s custodial services sets a new standard for event contract operations. The goal is to build a trading environment that is secure, compliant, and positioned for growth.
Kalshi’s mission is to move trading on real-world outcomes into the mainstream. The company notes that for participants to trade confidently on outcomes, whether related to economic decisions, legislation, or weather events, they must have trust in the stability of their funds. This partnership ensures that the innovation in event trading does not compromise financial security.
The Role of USDC in Trading
Kalshi’s markets operate using USDC, a fully backed digital dollar. USDC combines the efficiency of cryptocurrency with the reliability and price stability of traditional finance. This stability, coupled with features like instant settlement and seamless interoperability, makes USDC suitable for the real-time nature of prediction markets.
With Coinbase Custody safeguarding the USDC utilized on Kalshi, market participants gain confidence knowing their funds are held in a secure, transparent, and regulated environment.
Kalshi emphasized that financial innovation succeeds when it is both trusted and transformative. The partnership proves that event trading can achieve both, creating a foundation built for long-term stability and growth. The companies are working to establish not just a new asset class, but a new way for people to engage with risk, probability, and information.
Recommended