Jump Trading Secures Stakes in Polymarket and Kalshi, Bloomberg Reports


#JumpTrading is acquiring minority stakes in prediction market platforms #Polymarket and #Kalshi in exchange for providing market-making services, according to Bloomberg. The Chicago-based quantitative trading firm will receive equity in both companies, with specific ownership percentages undisclosed at this time.


The arrangement allows Jump to scale its investment in Polymarket based on the liquidity it provides to the platform. For Kalshi, Jump will receive a set amount of equity as part of the deal. Both prediction markets declined to comment on the agreements when contacted for confirmation.


Polymarket and Kalshi have emerged as the dominant players in the prediction market space following a regulatory shift by the U.S. Commodity Futures Trading Commission. The agency previously restricted most event-based trading as a form of binary options but has adopted a more permissive stance in recent months.


Polymarket recently raised $2 billion from Intercontinental Exchange, the parent company of the New York Stock Exchange, valuing the platform at $9 billion. Kalshi secured $1 billion in funding in early December at an $11 billion valuation, positioning both companies among the highest-valued startups in the sector.


The platforms operate under different regulatory frameworks. Polymarket runs as a decentralized platform on the Polygon #blockchain with on-chain contract settlement. Kalshi functions as a centralized, federally regulated exchange within the United States and holds approval from the #CFTC as a Designated Contract Market.

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February 10, 2026 at 12:49 AM