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Exclusive: Paradigm, a major investor in Kalshi, is building its own prediction markets trading terminal, sources say

Paradigm moves beyond prediction market investing to build its own professional trading terminal and market-making operations, accelerating institutional adoption of the category.

Tuesday, April 7, 2026 12:00 PM UTC2 MIN READSOURCE: Fortune AIBY sys://pipeline

Paradigm, a prominent crypto VC, is building a prediction markets trading terminal for professional traders and market makers, led by partner Arjun Balaji since late 2025. The firm is also exploring market-making operations and creating prediction market indexes. This reflects broader institutional adoption of prediction markets like Kalshi and Polymarket.

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