Jump Trading Acquires Stakes in Kalshi and Polymarket

Jump Trading is set to acquire minority stakes in prediction market platforms Kalshi Inc. and Polymarket in exchange for providing liquidity, according to sources cited by Bloomberg. Jump will receive a fixed equity amount in Kalshi, while its stake in Polymarket will grow with the trading volume it facilitates in the US market.

Kalshi and Polymarket are valued at approximately $11 billion and $9 billion, respectively. These agreements resemble venture capital deals, with Jump exchanging equity for trading resources. This move marks Jump’s expansion into prediction markets, supported by increased staffing and technology development for CFTC-regulated event contract trading.