Foresight News
Foresight News|12月 04, 2025 15:31
[Polymarket Recruits New Employees for Its Internal Market-Making Team] Foresight News reports, according to Bloomberg, Polymarket has been recruiting new employees for its internal market-making team, which may compete with customers on the company’s exchange, despite similar practices having drawn criticism for its main competitors. According to sources familiar with the matter, Polymarket has recently been in talks with traders, including sports bettors, about joining its new division. These sources requested anonymity as the plans are internal. Kalshi already operates a similar division to the one Polymarket is building, called Kalshi Trading, which bids on the exchange and effectively takes the opposite side of some customer trades. Kalshi executives state that the division was established to create liquidity and improve the customer experience. However, critics argue that the company’s market-making activities create conflicts of interest with customers and make Kalshi appear more like a traditional sports betting company.
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