📊 According to Bloomberg, market maker Jump #Trading is set to receive small equity stakes in #prediction market platforms Kalshi and Polymarket in exchange for providing liquidity. Sources say Jump’s deal with Kalshi involves a fixed equity percentage, while its stake in Polymarket will increase over time based on the #trading capacity Jump supplies to Polymarket’s U.S. operations. #crypto
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📊 According to Bloomberg, market maker Jump #Trading is set to receive small equity stakes in #prediction market platforms Kalshi and Polymarket in exchange for providing liquidity. Sources say Jump’s deal with Kalshi involves a fixed equity percentage, while its stake in Polymarket will increase over time based on the #trading capacity Jump supplies to Polymarket’s U.S. operations. #crypto