Gen-Z trading firms like Alcedine are using AI bots to dominate sports and election prediction markets on Kalshi and Polymarket.

DeFi & Yields · 2026-10-05

Gen-Z trading firms including Alcedine have become dominant players on prediction markets Kalshi and Polymarket by deploying AI bots to trade sports and election contracts, according to reporting by the Wall Street Journal. These firms have raised capital and are using algorithmic approaches to outpace retail bettors on the platforms.

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