Deep Tide TechFlow News, February 10th, according to Bloomberg, market maker Jump Trading is about to acquire a small stake in prediction market platforms Kalshi Inc. and Polymarket in exchange for providing liquidity to these platforms. Sources familiar with the matter revealed that Jump's agreement with Kalshi involves a fixed percentage of company equity, while its stake in Polymarket will increase over time based on the trading volume Jump provides for its U.S. operations.
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Deep Tide TechFlow News, February 10th, according to Bloomberg, market maker Jump Trading is about to acquire a small stake in prediction market platforms Kalshi Inc. and Polymarket in exchange for providing liquidity to these platforms. Sources familiar with the matter revealed that Jump's agreement with Kalshi involves a fixed percentage of company equity, while its stake in Polymarket will increase over time based on the trading volume Jump provides for its U.S. operations.