
Jump Trading to acquire stakes in Kalshi and Polymarket
Jump Trading, a Chicago-based firm specializing in algorithmic and high-frequency strategies, has reached agreements to take small ownership stakes in prediction market operators Kalshi and Polymarket, Bloomberg reported Monday, citing people with knowledge of the arrangements. The investment would deepen the proprietary trading giant’s exposure to event-based wagering after it began providing market-making liquidity on Kalshi’s platform. As reported, the deal with Kalshi grants Jump a predetermined equity share, while its stake in Polymarket will scale up over time with the level of trading capacity Jump contributes in the US. Kalshi, a CFTC-regulated venue for trading contracts tied to real-world…








