Kalshi Chooses Coinbase Custody to Secure USDC Reserves
On Nov. 14, 2025, Kalshi — the largest regulated prediction market platform in the U.S. — announced it will use Coinbase Custody to safeguard its USDC reserves. The partnership places an institutional custodian at the center of the stablecoin liquidity that underpins Kalshi’s event-based contracts, adding a formal custody layer intended to support security and regulatory oversight as the platform grows.
For traders and counterparties, custody with a recognized institutional provider can lower counterparty risk and improve confidence in on‑chain settlement and off‑ramp processes. The deal highlights rising demand for regulated custody solutions in complex crypto products and may help Kalshi attract deeper liquidity and broader participation as regulators and institutions scrutinize stablecoin management practices.