The interaction of hydrogen-terminated silicon nanoparticles (H-SiNPs) with Karstedt's catalyst at various temperatures was investigated. The results indicate that at room temperature, the oxidative addition of Pt(0) onto H-SiNPs is irreversible, and the catalyst is not eliminated from the surface of H-SiNPs, enabling a facile synthesis of Pt-loaded SiNPs that can undergo ligand exchange. The nature of the Pt-on-Si ensemble is characterized by Fourier transform infrared spectroscopy, X-ray photoelectron spectroscopy, transmission electron microscopy, and energy-dispersive X-ray spectroscopy. Reaction conditions that enable effective hydrosilylation are discussed. It is found that higher temperatures favor reductive elimination of the catalyst and hydrosilylation of 1-octene onto the surface of the H-SiNPs.