Paradigm Develops Prediction Market Trading Terminal for Professional Firms
According to the new report, Paradigm is expanding its prediction market infrastructure push as Kalshi’s valuation reaches $22 billion amid rising trading volumes.
Summary
Paradigm is developing a dedicated prediction market trading terminal for professional traders, while also exploring an internal market-making unit and an S&P-style index product tied to prediction market activity. The initiative is associated with a broader institutional push into prediction market infrastructure. The new report adds that Kalshi’s valuation has climbed to $22 billion as trading volumes surge, underscoring growing investor interest in the sector.
Terms & Concepts
- Prediction market: A market where participants trade contracts tied to future event outcomes, with prices reflecting collective expectations about those outcomes.
- Market-making: A trading activity in which a firm continuously quotes buy and sell prices to provide liquidity in a market.
- S&P-style index product: A benchmark-like product modeled on traditional market indexes, designed to track the performance of a defined group of contracts or assets.