Paradigm, a major investor in the prediction market Kalshi, is reportedly developing its own trading terminal for prediction markets. According to Odaily, this initiative is being led by Paradigm partner Arjun Balaji and is aimed at professional traders and market makers. An official spokesperson for Paradigm declined to comment on the matter.
Sources indicate that Paradigm is also considering the establishment of an internal market-making department within the prediction market sector. Additionally, the firm is collaborating with researchers to explore the feasibility of creating a prediction market index. This index would bundle multiple prediction markets into a single tradable platform, similar to how the S&P 500 index aggregates the stocks of 500 companies.