At Geneva Trading, our mission goes beyond market success; it’s about fostering the bold ideas of the people behind the screens. Jay Malavia first joined us as an intern, immediately impressing the team with his work ethic and a clear entrepreneurial drive. Today, we’re thrilled to see those qualities culminate in the launch of his new venture, Kairos. Supporting our alumni as they take calculated risks and scale new heights is a core part of who we are. We are proud to back Jay in this next chapter and look forward to seeing Kairos thrive. #a16zcrypto #genevatrading #UIUC #predictionmarkets
Introducing Kairos, the future of prediction markets trading. By Jay Malavia & Zayd Alzein Over the last 18 months, prediction markets have evolved from research tools for aggregating information into core financial instruments. They are among the most expressive innovations of our time, providing unrestricted ability to trade the future: elections, sports, weather, economic releases, cultural moments, and everything in between. This expressiveness, however, comes at a cost Prediction markets are fragmented and complex. Each event introduces multiple outcomes. Each outcome carries its own listing. Each listing is replicated across the many exchanges. Prices move rapidly as new information arrives. Liquidity appears, disappears, and shifts across platforms. This fragmentation has made it unnecessarily difficult to trade. Traders have to jump between venues just to manage positions. They trade contracts across multiple exchanges, each with its own pricing and data information. News and data feeds are scattered and expensive, and execution is often limited to basic functionality. To keep pace, professional traders must attempt to develop their own technology just to stay afloat. It’s an exhausting, inefficient process. We’re trading some of the most innovative financial instruments of our time through basic interfaces that just can’t keep pace. It doesn’t have to be this way. That’s why today, we are introducing Kairos Kairos is the unified execution and intelligence layer for prediction markets. Engineered for speed and performance, Kairos was crafted for traders who demand institutional-grade technology. We started Kairos after building infrastructure at high-frequency trading firms and exchanges. We contributed firsthand to creating the technology that wins on Wall Street, and we wanted to give this tooling back to the very people who helped create the markets. Kairos exists to close the gap. What the Bloomberg Terminal did for Wall Street, Kairos does for prediction market traders. Real-time data, news, analytics, and low-latency execution all in one place. The power of an institutional trading desk on your laptop. However, our trading terminal is just the start. We believe that Kairos will be the foundational layer for prediction markets. One that connects traders, builders, and exchanges in an open ecosystem. A network where developers can leverage our performant infrastructure to build new apps for an existing community of traders. We’re a team of quantitative researchers and engineers who are committed to building for those who move early, act with conviction, and deserve the best. We’re thrilled to announce our $2.5m round led by a16z crypto with participation from Geneva Trading, University of Illinois Urbana-Champaign. We’re pushing the bounds of what’s possible and reshaping an emerging industry. If this resonates with you, we’re hiring across the board and would love to chat. See you in the order books.