Jump Trading to Receive Kalshi and Polymarket Equity for Liquidity Services

Jump Trading will receive fixed and variable equity stakes in Kalshi and Polymarket in exchange for providing liquidity to their prediction markets, according to Bloomberg. The firm’s Kalshi agreement includes a fixed position, while its Polymarket stake may grow with market-making activity. The platforms recently reached valuations of at least $11B and $9B, respectively. Prediction markets require balanced participation, with Jump contributing capital to facilitate trading. The company has 20 employees active in prediction markets. Note: Decrypt’s parent company, Dastan, operates Myriad, a related prediction market platform.