Jump Trading is acquiring small stakes in Kalshi Inc. and Polymarket (POLA.PVT) in exchange for providing liquidity on the prediction-market platforms, according to知情 sources. The agreement with Kalshi is for a fixed amount of equity, while Jump’s stake in Polymarket will increase based on the trading capacity provided over time.
Kalshi is valued at $11 billion, and Polymarket at $9 billion, with Jump receiving stakes in exchange for market-making services. These platforms, which allow bets on elections, sports, and other events, rely on market-makers to keep trading active during volatility. Jump now employs over 20 people in prediction markets, building technology to support CFTC-regulated event-based contracts.
The transactions reflect Jump’s expansion beyond traditional equities and derivatives into the growing prediction-market space.
Kalshi is valued at $11 billion, and Polymarket at $9 billion, with Jump receiving stakes in exchange for market-making services. These platforms, which allow bets on elections, sports, and other events, rely on market-makers to keep trading active during volatility. Jump now employs over 20 people in prediction markets, building technology to support CFTC-regulated event-based contracts.
The transactions reflect Jump’s expansion beyond traditional equities and derivatives into the growing prediction-market space.