"Jay Malavia and Zayd Alzein both got interested in prediction markets around the time of the 2024 presidential election. But they quickly noticed that the emerging industry-which invites users to wager on the likelihood of various events-was fragmented, with various listings scattered across a growing number of exchanges. This is what led them to co-found Kairos, a specialized trading terminal for dedicated prediction market users."
"The co-founders hope to attract users with a platform that integrates the offerings of the two largest prediction markets, Kalshi and Polymarket, while providing fast, customizable dashboards. When using Kairos, customers can see the most updated trades from those exchanges in one place and can also see up-to-date news alerts pertaining to those wagers. The company says that its platform is two to three seconds faster than the Kalshi or Polymarket interfaces."
"Malavia and Alzein, the CTO, are both in their early 20s and grew up as family friends near Chicago. They became familiar with sophisticated trading terminals while they were colleagues at Cboe Global Markets, a traditional finance company, which serves as a derivatives and exchange network. The two friends thought they would bring advanced trading technology to the growing prediction market industry."
Jay Malavia and Zayd Alzein co-founded Kairos after noticing fragmentation across emerging prediction markets around the 2024 presidential election. The startup raised $2.5 million in a round led by a16z crypto with participation from Geneva Trading, the University of Illinois, and other angel investors. Kairos provides an integrated trading terminal that aggregates listings and live trades from exchanges like Kalshi and Polymarket while offering fast, customizable dashboards and news alerts. The platform claims a two- to three-second speed advantage over native interfaces. The founders, both in their early 20s, bring experience from Cboe Global Markets and plan a private beta launch soon.
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