Paradigm to develop trading terminal for prediction markets

Global crypto venture capital firm Paradigm has begun developing a dedicated trading terminal for prediction markets aimed at professional traders and market makers, Fortune reported. The project, led by Paradigm partner Arjun Balaji, is also reportedly considering the establishment of an internal market-making division. This strategic move by Paradigm, a major investor in Kalshi, is seen as an effort to directly provide the infrastructure and liquidity needed to attract institutional capital, capitalizing on the explosive growth of prediction markets.