No Result
View All Result
  • Login
Wednesday, February 4, 2026
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Cryptocurrency

Polymarket Builds Internal Market-Making Team

by FeeOnlyNews.com
2 months ago
in Cryptocurrency
Reading Time: 4 mins read
A A
0
Polymarket Builds Internal Market-Making Team
Share on FacebookShare on TwitterShare on LInkedIn


Join Our Telegram channel to stay up to date on breaking news coverage

Polymarket is recruiting staff for an internal market-making team that could trade against its users, Bloomberg reported.

The report, which cited sources familiar with the matter, said Polymarket has approached traders, including sports bettors, about joining its own market making team. Market makers quote buy and sell prices to keep trading smooth, but an internal desk means the platform itself could take the other side of customer positions.

“Polymarket has been recruiting new staff members for an internal market making team that could face off against customers on the company’s exchange, even though a similar feature has exposed its chief rival to criticism.”

Polymarket Builds In-House Trading Team as It Re-Enters… pic.twitter.com/hVuYT11TKi

— Alfonso Straffon 🇨🇷🇺🇸🇲🇽 (@astraffon) December 4, 2025

The development comes as Polymarket re-enters the US market after being forced out in 2022 following enforcement action from the Commodity Futures Trading Commission (CFTC). It was ordered to cease operating in the US and pay a $1.4 million civil penalty.

Prediction Market Competition Heats Up

Competition in prediction markets is intensifying. Main rival Kalshi already operates its own trading desk, a model that has drawn user criticism and even a proposed class-action lawsuit last month that alleges unfair advantages.

Both Kalshi and Polymarket have already approached third parties to fulfill a market-making role on their respective platforms. Companies like Susquehanna International Group have subsequently started offering market-making services on Kalshi. Galaxy Digital is also reportedly in talks to offer its services. 

Prediction markets let users buy and sell contracts that are tied to real-world events. Prices in a contract reflect the market’s implied odds of that outcome happening. If the event occurs, the contract pays out.

Market available on Polymarket

Market available on Polymarket (Source: Polymarket)

Prediction markets gained traction during the US presidential election when they accurately predicted Donald Trump’s victory, even while many traditional polls  forecast a win for Kamala Harris.

Since then, Polymarket and Kalshi have risen to become the dominant players in the space. In November, both platforms experience their best month on record, data from Token Terminal shows.

Last month, Kalshi’s spot volume climbed to $5.8 billion, a 32% increase compared to October’s $4.4 billion. This also marked the company’s biggest monthly gain on record. 

Similarly, Polymarket also posted its biggest month after the New York-based platform saw its monthly volume rise from $3.02 billion in October to $3.7 billion in November. The gain extended record-setting activity for the platform. 

MetaMask Moves Into Prediction Markets With Polymarket Integration

As Polymarket plans to build an internal market-making team, Web3 wallet MetaMask has integrated with the popular prediction market platform.

“You can now trade on the future outcome of real world events inside your wallet,” Consensys’ Gabriela Helfet wrote in a recent blog post. “You’ll also earn MetaMask Rewards points with every prediction you make.”

Not only will MetaMask users be able to access Polymarket via their wallets, they will also be able to fund their accounts using “any token on any EVM chain” with “one tap funding.” 

That is the latest integration by a major platform or company with a prediction market. Both Kalshi and Polymarket have announced multi-year partnerships or strategic partnerships with companies such as the UFC, NHL, Google, and others. 

Related Articles:

Best Wallet – Diversify Your Crypto Portfolio

Best WalletBest Wallet

Easy to Use, Feature-Driven Crypto Wallet
Get Early Access to Upcoming Token ICOs
Multi-Chain, Multi-Wallet, Non-Custodial
Now On App Store, Google Play
Stake To Earn Native Token $BEST
250,000+ Monthly Active Users

Best WalletBest Wallet

Join Our Telegram channel to stay up to date on breaking news coverage





Source link

Tags: buildsinternalmarketmakingPolymarketTeam
ShareTweetShare
Previous Post

The K-Shaped Economy | Mises Institute

Next Post

The art of saying no: 8 things successful people do to protect their time and energy

Related Posts

Binance completes second batch of Bitcoin conversion, acquires 0M in BTC

Binance completes second batch of Bitcoin conversion, acquires $100M in BTC

by FeeOnlyNews.com
February 4, 2026
0

Binance has completed the second batch of its Bitcoin conversion for the Secure Asset Fund for Users (SAFU), acquiring an...

XRP Open Interest Falls to Lowest Level Since 2024: Market Reset Or Warning Signal?

XRP Open Interest Falls to Lowest Level Since 2024: Market Reset Or Warning Signal?

by FeeOnlyNews.com
February 4, 2026
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure XRP has entered a critical phase after...

The trillion dollar Bitcoin lottery you can play now for free – but will never win

The trillion dollar Bitcoin lottery you can play now for free – but will never win

by FeeOnlyNews.com
February 3, 2026
0

Bitcoin is a $1.5 trillion prize pool secured by nothing more than numbers, private keys, generated by math, that unlock...

Deutsche Börse’s 360T Plugs Bitpanda Into FX Network to Channel Institutions Into Crypto

Deutsche Börse’s 360T Plugs Bitpanda Into FX Network to Channel Institutions Into Crypto

by FeeOnlyNews.com
February 3, 2026
0

Blueberry Broker Review 2026: Regulation, Platforms, Fees & Trading Conditions | Finance Magnates Blueberry Broker Review 2026: Regulation, Platforms, Fees...

Bitcoin Bounces as U.S. House Passes Bill To End Government Shutdown

Bitcoin Bounces as U.S. House Passes Bill To End Government Shutdown

by FeeOnlyNews.com
February 3, 2026
0

Bitcoin has quickly bounced following the passage of the funding bill in the U.S. House, a move that consequently ends...

Bitcoin Liquidation Cascade: Why $HYPER is Outperforming the Dip

Bitcoin Liquidation Cascade: Why $HYPER is Outperforming the Dip

by FeeOnlyNews.com
February 3, 2026
0

The crypto market is violently flushing leverage right now. Coinglass data shows that over the period from Jan 29-31, $1.5B...

Next Post
The art of saying no: 8 things successful people do to protect their time and energy

The art of saying no: 8 things successful people do to protect their time and energy

Netflix’s .8 billion breakup fee for Warner among largest ever

Netflix’s $5.8 billion breakup fee for Warner among largest ever

  • Trending
  • Comments
  • Latest
Self-driving startup Waabi raises up to  billion, partners with Uber to deploy 25,000 robotaxis

Self-driving startup Waabi raises up to $1 billion, partners with Uber to deploy 25,000 robotaxis

January 28, 2026
Student Beans made him a millionaire, a heart condition made this millennial founder rethink life

Student Beans made him a millionaire, a heart condition made this millennial founder rethink life

December 11, 2025
Sellers Are Accepting Even Less

Sellers Are Accepting Even Less

January 23, 2026
Episode 242. “Our couples therapist couldn’t fix this. Please help.”

Episode 242. “Our couples therapist couldn’t fix this. Please help.”

January 6, 2026
US SEC Issues Key Crypto Custody Guidelines For Broker-Dealers

US SEC Issues Key Crypto Custody Guidelines For Broker-Dealers

December 19, 2025
How to sell a minority stake in RIA M&A

How to sell a minority stake in RIA M&A

November 11, 2025
Adam Smith Misunderstood the Origins of the Division of Labor

Adam Smith Misunderstood the Origins of the Division of Labor

0
‘You Probably Don’t Want To Go Buy A House,’ Says Best-Selling Author JL Collins—Even As Homeownership Remains The ‘American Dream’

‘You Probably Don’t Want To Go Buy A House,’ Says Best-Selling Author JL Collins—Even As Homeownership Remains The ‘American Dream’

0
Consumer Backlash Leads PepsiCo to Slash Snack Prices by 15%, but Will You See the Savings?

Consumer Backlash Leads PepsiCo to Slash Snack Prices by 15%, but Will You See the Savings?

0
Binance completes second batch of Bitcoin conversion, acquires 0M in BTC

Binance completes second batch of Bitcoin conversion, acquires $100M in BTC

0
5 Best Small-Business Loans in 2026

5 Best Small-Business Loans in 2026

0
Silver & gold ETFs rally up to 9% as bullion boom continues. Should you invest now?

Silver & gold ETFs rally up to 9% as bullion boom continues. Should you invest now?

0
Binance completes second batch of Bitcoin conversion, acquires 0M in BTC

Binance completes second batch of Bitcoin conversion, acquires $100M in BTC

February 4, 2026
Silver & gold ETFs rally up to 9% as bullion boom continues. Should you invest now?

Silver & gold ETFs rally up to 9% as bullion boom continues. Should you invest now?

February 4, 2026
XRP Open Interest Falls to Lowest Level Since 2024: Market Reset Or Warning Signal?

XRP Open Interest Falls to Lowest Level Since 2024: Market Reset Or Warning Signal?

February 4, 2026
Clorox outlines 0–1% category growth target and innovation-led recovery as ERP transition ends (NYSE:CLX)

Clorox outlines 0–1% category growth target and innovation-led recovery as ERP transition ends (NYSE:CLX)

February 3, 2026
Sun shines on Waaree Energies as tariff clouds clear

Sun shines on Waaree Energies as tariff clouds clear

February 3, 2026
China set to attend India’s upcoming AI summit signaling improving relations with New Delhi

China set to attend India’s upcoming AI summit signaling improving relations with New Delhi

February 3, 2026
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Binance completes second batch of Bitcoin conversion, acquires $100M in BTC
  • Silver & gold ETFs rally up to 9% as bullion boom continues. Should you invest now?
  • XRP Open Interest Falls to Lowest Level Since 2024: Market Reset Or Warning Signal?
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.