Jump Trading Bets Big on Polymarket and Kalshi as Prediction Markets Explode

TLDR Jump Trading will acquire minority stakes in Polymarket and Kalshi by providing market-making liquidity to both platforms Polymarket is valued at $9 billion after a $2 billion funding round while Kalshi reached an $11 billion valuation Both platforms allow users to trade on real-world event outcomes but operate under different regulatory structures Prediction markets [...]

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