Summary
- Global crypto VC Paradigm reported that it is developing a dedicated prediction-market trading terminal to build out prediction-market infrastructure.
- Paradigm said it is considering establishing an internal market-making division, a strategy aimed at directly supplying liquidity and infrastructure to attract inflows of institutional-grade capital.
- The market is noting that as prediction markets rise as a next-generation financial product, moves to build an institution-led ecosystem are gathering pace.
Forecast Trend Report by Period
Global crypto VC Paradigm has moved to build out prediction-market infrastructure.
According to Fortune on the 1st (local time), Paradigm is developing a dedicated prediction-market trading terminal for professional traders and market makers (MMs).
The project is being led by partner Arjun Balaji, and it has been reported that the firm is also considering creating an in-house market-making division, going beyond simply building a tool.
This is interpreted as a strategy by Paradigm—also a key investor in Kalshi—to directly provide liquidity and infrastructure to facilitate inflows of institutional-grade capital in response to the growth of prediction markets.
Market participants are noting that as prediction markets emerge as a next-generation financial product, efforts to build an institution-led ecosystem are gaining momentum.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
