Quantitative trading giants such as DRW and Wintertermute are assembling trading teams to accelerate their expansion into the prediction market.

CoinFeed reported on June 6th, citing CoinDesk, that institutional funds are rapidly flowing into the prediction market sector as trading volume grows rapidly. It is understood that DRW, along with quantitative trading giants such as Wintertermute and IMC, are building dedicated prediction market trading teams and have recently posted related job openings. These teams are focusing on platforms like Polymarket and Kalshi, aiming to capture pricing discrepancies through cross-platform arbitrage, market microstructure arbitrage, and news-driven trading strategies. Industry insiders believe that with the expansion of the prediction market and the plans of on-chain trading platforms like Hyperliquid to launch prediction market products, competition surrounding latency, liquidity, and cross-platform efficiency has officially begun.