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About Adjacent
Adjacent is a prediction market index provider that aggregates data from platforms such as Polymarket and Kalshi, offering standardized APIs, real-time indices, and news analysis. Its core business includes cross-platform data normalization, custom index construction, and developer tools.
The market pain point is that prediction market data is fragmented and inconsistent, making it difficult for users to compare and track trends. Adjacent solves this by unifying data models and APIs, enabling developers to access multi-platform data easily, while its index products provide benchmarks.
In the past six months (March to September 2026), Adjacent launched a CFTC-related API for retrieving and parsing regulatory filings, and released political indices for key U.S. battleground states. Its data coverage has expanded, and API documentation and tooling have been updated. No major negative events were identified.
In July 2026, Adjacent raised $2.5M in pre-seed funding led by VanEck and DCG, with Maven11, Night Capital, and UFO Holdings participating. The same month, it launched its RED and BLUE US election index series, tracking cross-platform sentiment. In August, Adjacent released its first CFTC API interface, allowing users to retrieve, parse, and filter new filings, amendments, and applications in Markdown format; the public tier is free, while historical data beyond 90 days and market/index matching require a Pro subscription. Co-founders also commented on the SEC's request for input on "novel ETFs," positioning Adjacent as a neutral third-party index provider for potential event-contract ETFs.
Future focus areas include integrating data from multiple blockchain prediction markets, expanding into global election tracking, developing indices for macroeconomic indicators and corporate KPIs, and eventually exploring non-political markets such as weather. The company also emphasizes transparent methodologies and governance to build institutional trust and mitigate manipulation, aiming to become core infrastructure for institutional event trading.
Co-founders and core executives of Adjacent (prediction market index provider):
Lucas Kohorst — Co-Founder. Previously Investment Engineer at Foundry (a Digital Currency Group company), later Manager of Investments and Engineering at DCG. Founded Adjacent Markets Inc. and launched Adjacent News. Led the $2.5m pre-seed round from Night Capital, VanEck, UFO Holdings, Maven11, and DCG.
Jeff Burkey — Based in Rochester, NY; involved in designing indices at Adjacent, per LinkedIn posts.
No other core executives with reliable public information were identified.