Jump Trading to Earn Stakes in Polymarket, Kalshi via Liquidity Deals: Bloomberg
Jump Trading will receive equity stakes in prediction market platforms Polymarket and Kalshi for providing liquidity to their markets. The agreement with Kalshi involves a fixed equity share, while the Polymarket stake depends on Jump’s level of market-making activity. Polymarket and Kalshi were recently valued at around $11 billion and $9 billion, respectively. Jump’s market-making services are essential for these platforms, which function as peer-to-peer exchanges requiring liquidity for trades between users. The move follows survey data indicating growing public interest in prediction markets. Jump Trading employs 20 people for prediction market trading and is active in both traditional equities and crypto. Other firms, like Susquehanna International Group, are also entering the sector, signaling expanding institutional involvement.
