Jump is set to take a fixed amount of equity in Kalshi, while its stake in Polymarket will grow over time depending on the trading capacity that the firm provides.
Proprietary trading firm Jump Trading is set to gain stakes in Kalshi (KALSHI) and Polymarket (POLYMARKET) in exchange for providing liquidity, people with knowledge of the matter told Bloomberg News.
The cryptocurrency world has been turmoil-laden, with one of the most recent controversies revolving around the catastrophic collapse of Terraform ...
Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. (Bloomberg) — The star quant trader at the heart of a ...
(Bloomberg)—Twelve weeks and $1 trillion ago, Kanav Kariya had a question for thousands of people gathering in Spain to glorify cryptocurrencies: “Who the f**k is Jump?” This was before crypto broke ...
The administrator charged with steering Terraform Labs through bankruptcy has sued Jump Trading, the Chicago-based firm that played an outsize role in the collapse of the Terra blockchain in 2022.
Prominent market maker Jump Trading has continued its aggressive selling of Ethereum (CRYPTO: ETH), having transferred another 11,500 ETH to a selling address. The firm has initiated the process to ...
Jump Trading is set to gain small stakes in Kalshi Inc. and Polymarket in exchange for providing liquidity on the prediction-market platforms, according to people with knowledge of the matter.
Jump Trading is preparing to take equity stakes in the two largest prediction markets, Kalshi and Polymarket, according to a Bloomberg report. The ...
Jump Trading — the market maker who contributed to the recent market correction — is still selling Ether, but the market may be approaching a bottom. Jump Trading sold another 11,501 Ether (ETH) worth ...