Odaily Planet Daily reports that Paradigm, the lead investor in the prediction market Kalshi, is developing its own prediction market trading terminal, led by Paradigm partner Arjun Balaji. The platform is targeted at professional traders and market makers, and Paradigm’s official spokesperson has declined to comment on the matter. Additionally, sources indicate that Paradigm is also considering whether to establish an internal market-making division within the prediction market space, beyond developing the trading terminal. Furthermore, Paradigm is collaborating with researchers to explore the feasibility of creating a prediction market index—a tradable platform that bundles multiple prediction markets together, similar to how the S&P 500 combines the stocks of 500 companies into a single index. (Fortune)
Paradigm is developing a prediction market trading terminal and exploring index creation.
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Summary
Paradigm is developing a prediction market trading terminal led by partner Arjun Balaji, designed for professional traders and market makers. The firm is also exploring the formation of an in-house market-making team and collaborating with researchers to investigate the creation of prediction market indices. Some team members are analyzing how such indices could track sentiment, similar to the Fear & Greed Index. The project may also contribute to enhancing price prediction models for crypto assets.
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