Polymarket is currently recruiting new team members to establish an internal market-making team.
BlockBeats News, December 4th, according to Bloomberg, Polymarket is currently hiring new team members to establish an internal market-making team, which may engage in trading with customers on the company's trading platform. Although similar functionality has previously led to criticism of its main competitors. Sources revealed that the company has recently been in talks with several traders, including sports betting traders, to invite them to join this new department. Polymarket declined to comment on this.
However, Kalshi has already been operating a department called Kalshi Trading, providing quotes on the trading platform and effectively acting as a counterparty to some customer trades. Although Kalshi executives claim that this department is meant to increase liquidity and improve the customer experience, critics argue that its market-making efforts create a conflict of interest with customers, making it resemble a traditional sports betting company. A proposed class-action lawsuit filed last month alleged that the odds set by Kalshi Trading were unfavorable to customers.
You may also like
Whales bought 270,000 BTC while ETFs bled $7 billion. One side is wrong
The crypto IPO class of 2025-26 is down as much as 89%. Autopsy of a listing boom
Robinhood Chain Mining Guide: A Comprehensive Tutorial from Cross-Chain to Memecoin
BitGo CEO says single-digit percentages of bitcoin's supply are 'probably right' for large holders amid Strategy's sale
Beyond Private Keys: How to Safeguard the Security Boundaries of Web3 from Wallets, L2 to Supply Chains?
Vanguard Enters the Market, Opening a New Crypto Gateway for 50 Million Traditional Investors
Why the OUSD Alliance of 150 Companies Still Cannot Shake USDT and USDC?
Citigroup Analysis: Is There Still 47% Upside for Nvidia? Can Rubin and CPO Deliver?
WEEX API Fast Connect: Turn Every Sign-In Into a Live Trader in Under 10 Seconds
WEEX API Fast Connect is a one-click OAuth authorization system that lets your users link their WEEX account without ever touching an API key. Frictionless onboarding, faster conversions, higher retention — built for WEEX Broker partners.
Bitcoin's dwindling exchange reserves don't pack the same bullish punch anymore
From Le Mans to the Rollercoaster: Carl Moon Takes On Portimão
Crypto world renowned KOL and racing driver Carl Moon, backed by WEEX, heads to the Ferrari Challenge Portugal round at the Algarve International Circuit, July 16–19, fresh off a podium finish at Le Mans. Here's why this race is one to watch.
Fast execution. Split-second accuracy. Security that never blinks. That's WEEX — and that's exactly how Carl races.
