ChainCatcher message, Jump Trading has reached agreements with Kalshi and Polymarket to provide liquidity on the aforementioned prediction market platforms in exchange for a small equity stake. The agreement with Kalshi involves a fixed amount of equity, while its stake in Polymarket will grow as its trading capacity in the US business increases.
Currently, Polymarket is valued at $9 billion, and Kalshi is valued at $11 billion. Jump Trading already has over 20 employees engaged in prediction market trading, aiming to acquire equity in two leading prediction markets by providing trading resources.
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Jump Trading plans to acquire equity in Kalshi and Polymarket by providing liquidity
ChainCatcher message, Jump Trading has reached agreements with Kalshi and Polymarket to provide liquidity on the aforementioned prediction market platforms in exchange for a small equity stake. The agreement with Kalshi involves a fixed amount of equity, while its stake in Polymarket will grow as its trading capacity in the US business increases.
Currently, Polymarket is valued at $9 billion, and Kalshi is valued at $11 billion. Jump Trading already has over 20 employees engaged in prediction market trading, aiming to acquire equity in two leading prediction markets by providing trading resources.