Crypto.com is establishing an in-house market making office for its prediction markets, reigniting conflict of interest concerns in the industry.
Published December 24, 2025 at 6:43 am EST.
Crypto exchange Crypto.com plans to launch an in-house market making team for its prediction markets offeringaccording to a job offer from the company.
The role seeks a “quantitative trader” who will negotiate financial contracts based on the results of sports games.
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A Crypto.com spokesperson told Bloomberg that the company does not “rely on proprietary trading as a source of revenue” and that its in-house market maker “does not have access to proprietary data or client order flow” before other participants.
Prediction market firms Kalshi and Polymarket also face similar criticism over potential conflicts of interest, given that both companies use the services of professional market makers to facilitate trades on their platforms.
“This speaks to the liquidity problem. No choice but to build internally,” commented Aaron Riccio, founder of prediction markets company Sports Capital.
