Citadel Securities hired Polymarket's CTO, formerly of Citadel
Citadel Securities hired Polymarket's chief technology officer, who had previously worked at Citadel. The move comes as the prediction markets space draws increasing interest from major financial firms. Robinhood, Crypto.com and Coinbase are among the biggest incumbent fintechs active in the sector.
A senior Polymarket technologist decamping to a top market maker signals that traditional finance views prediction-market infrastructure as strategically valuable. It also tightens the already close talent competition between crypto-native platforms and established trading firms.
Citadel Securities joins DRW, Wintermute, and IMC among established trading firms moving into prediction-market infrastructure, as the talent and liquidity arms race between crypto-native platforms and traditional finance intensifies.