Jump Trading plans to acquire equity in Kalshi and Polymarket by providing liquidity

Jump Trading has reached agreements with Kalshi and Polymarket to provide liquidity on the aforementioned prediction market platforms in exchange for a small equity stake. The agreement between Jump Trading and Kalshi involves a fixed amount of equity, while its stake in Polymarket will grow with the trading capacity it provides in its U.S. operations.

Currently, Polymarket is valued at $9 billion, and Kalshi is valued at $11 billion. Jump Trading currently has over 20 employees engaged in prediction market trading, aiming to acquire equity in the two leading prediction markets by providing trading resources.