Prediction market Kalshi becomes a major rival to Polymarket

Kalshi, a prediction market platform, has raised a $185 million investment round, pushing its valuation to $2 billion. According to The Wall Street Journal, the raise was led by crypto-focused investment firm Paradigm, with additional participation from Sequoia Capital, Multicoin Capital, and other venture capitalists. Kalshi co-founder and CEO Tarek Mansour confirmed that the money […] source: https://www.cryptopolitan.com/kalshi-hits-2b-valuation-with-185m-raise/