Home » Crypto Market News » Kalshi Launches Bitcoin-Backed Loans Amid Scrutiny Over Partner’s China Ties Traders gain a new way to leverage crypto holdings as questions over Webull’s data security intensify in Washington. U.S.-regulated prediction market Kalshi is expanding into crypto-backed leverage, allowing traders to borrow against Bitcoin and other digital assets to fund perpetual futures positions. The products will reach retail investors primarily through Webull — a broker now facing bipartisan scrutiny in Washington over concerns about China-linked access to customer data.