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Game Point Capital

Coverage of Game Point Capital in the Nexus archive.

Earliest in view: Jun 4 · 15:56 UTCMost recent: Jun 4 · 15:56 UTC
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  • BUSINESSJun 4 · 15:56 UTCSEMAFOR
    A soccer team bet against itself. This is the (good) future of prediction markets.

    A top-tier Spanish soccer team used Kalshi, a prediction market platform, to place a multimillion-dollar bet against itself to avoid relegation. The team won its final game, retaining its La Liga status, while Susquehanna, a quant trading firm, profited over $1 million from the bet. The trade involved intermediaries like Game Point Capital and Greenlight Commodities, highlighting prediction markets' growing role in institutional risk management.

Game Point Capital · Dossier · The Nexus