[Jump Trading to Exchange Liquidity Provision for Small Equity Stakes in Kalshi and Polymarket] According to Bloomberg, market maker Jump Trading is set to provide liquidity to prediction market platforms in exchange for small equity stakes in Kalshi Inc. and Polymarket. Sources familiar with the matter revealed that Jump's agreement with Kalshi will secure a fixed amount of equity, while its stake in Polymarket will increase over time based on the trading volume it provides in the U.S. market. This move allows Jump to acquire equity in these two prediction market platforms. Currently, Polymarket is valued at approximately $9 billion, while Kalshi is valued at around $11 billion. Such market-making agreements are similar to venture capital arrangements, where Jump trades its trading resources for equity. Prediction market platforms rely on market makers to provide liquidity and act as counterparties to trades. Jump's entry into the prediction market is part of its expansion beyond traditional asset classes like equities. Reportedly, the company has allocated additional personnel and resources to develop technology supporting CFTC-regulated event contract trading, with more than 20 employees dedicated to this business.