Exchanges· ★★★· neutral·

Millennium Management builds tools to trade on Polymarket and Kalshi data

  • —The $97 billion hedge fund is building tools on Polymarket and Kalshi data
  • —Managers are most interested in geopolitics, economic and commodity markets
  • —Millennium does not yet trade prediction market contracts directly
  • —Susquehanna and Jump Trading entered earlier; AQR expanded its research team
Why it matters: A major traditional hedge fund treating prediction markets as a signal source broadens their role beyond crypto.
Source: PANews