Citadel Securities News & Prediction Market Coverage
Track the latest Citadel Securities news across prediction markets. Prediction News is following 4 active Citadel Securities stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
Kalshi and Polymarket diverge sharply on Fed hold odds ahead of rate decision
LegalAmerican Gaming Association boosts lobbying spend on prediction markets and sports betting
DealsCrypto.com raises $400 million from Citadel Securities at $20B valuation
DealsCitadel Securities hired Polymarket's CTO, formerly of Citadel
Frequently Asked Questions
Has Citadel Securities invested in prediction markets?
Yes, it led a $400 million investment in Crypto.com in July 2026 at a $20 billion valuation, with funds earmarked in part for the exchange's prediction markets expansion.
Why did Citadel Securities hire Polymarket's CTO?
The firm hired Mukilan Ashok, Polymarket's former CTO who previously worked at Citadel, reflecting traditional finance firms' interest in prediction market infrastructure and talent.
Is Citadel Securities planning to enter prediction markets directly?
Its president stated in April 2026 that entering prediction markets is 'certainly possible,' with interest focused on non-sports use cases such as geopolitical or economic event contracts.
How does Citadel Securities' activity affect platforms like Kalshi and Polymarket?
Its investment in Crypto.com adds a well-capitalized competitor in prediction markets, while the CTO hire underscores intensifying talent competition between crypto-native platforms and established trading firms.
Does Citadel Securities lobby on prediction market regulation?
No direct lobbying by Citadel Securities is reported; however, it operates amid broader industry efforts, including the American Gaming Association's increased spending to curb sports-related event contracts.