Paradigm is developing prediction market trading terminals and exploring the creation of prediction market indices.

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Odaily Planet Daily News: In the prediction market, Kalshi’s main investor, Paradigm, is developing its own prediction market trading terminal. Paradigm partner Arjun Balaji is leading this initiative. The program will target professional traders and market makers. At present, a spokesperson for Paradigm has declined to comment on the matter. In addition, sources say Paradigm is also considering whether, beyond developing a trading terminal, it will set up an internal market-making department in the prediction market space. Paradigm is also working with researchers to explore the feasibility of creating a prediction market index. This would package multiple prediction markets into a tradable platform—similar to how the S&P 500 index bundles a portfolio of stocks from 500 companies into a single index. (Fortune)

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