Wintermute Is Providing Liquidity on Kalshi and Polymarket, Linking Two Giants
Wintermute is providing liquidity on the two biggest prediction markets, linking flows for both firms, according to a source familiar with the matter.
Crypto News·
Wintermute is moving into prediction markets as institutional market makers race to dominate event contracts that already clear more than $20 billion a month. Wintermute, one of crypto’s largest quantitative market makers, has begun providing continuous two way liquidity on…
Read full articleWintermute is providing liquidity on the two biggest prediction markets, linking flows for both firms, according to a source familiar with the matter.
Wintermute's entry into prediction markets could enhance liquidity and credibility, potentially influencing institutional risk assessments and strategies. The post Wintermute becomes liquidity provider for prediction markets appeared first on Crypto Briefing.
Wintermute's entry into prediction markets enhances liquidity and efficiency, potentially attracting regulatory scrutiny due to rapid growth. The post Wintermute becomes liquidity provider for prediction markets, signaling sector’s institutional turn appeared first on Crypto Briefing.
Gemini launched a Grok-powered Command Center for prediction markets, using positions and watchlists to personalize market feeds.
The Commodity Futures Trading Commission (CFTC) moved to intervene in Rhode Island litigation over prediction markets, seeking to block state gambling laws from being applied to federally regulated event-contract platforms. The dispute centers on civil penalties, federal preemption claims, and several state challenges. CFTC Moves Against Rhode Island Over Prediction Markets Dispute The Commodity Futures […]
Gemini's AI integration could reshape prediction markets, enhancing user engagement and potentially driving growth amid regulatory challenges. The post Gemini partners with Grok for AI-powered prediction market feeds appeared first on Crypto Briefing.
The post Kalshi sues Minnesota over prediction ban appeared on BitcoinEthereumNews.com. Kalshi has sued Minnesota to block the state’s prediction market ban set to take effect on August 1. Summary Kalshi filed a federal lawsuit against Minnesota over its new prediction market ban law. The company argues the Commodity Exchange Act gives the CFTC exclusive jurisdiction over event contracts. Minnesota’s law would make operating a prediction market a felony from August 1. Kalshi has filed a federal lawsuit against Minnesota to block the state’s new prediction market ban. The law would make running an event contract platform in the state a felony from August 1. The suit escalates a national fight over who regulates event contracts. Kalshi’s complaint, filed in federal court and documented by Courthouse News, names Attorney General Keith Ellison, Governor Tim Walz and Alcohol and Gambling Enforcement Director Jon Anglin as defendants. What Minnesota’s law does Governor Walz signed SF 3432 in
Gemini's AI integration could reshape prediction markets by enhancing user engagement and liquidity, but it also poses risks of over-reliance. The post Gemini launches AI-powered Command Center for predictions platform appeared first on Crypto Briefing.