Paradigm Leads $185 Million Bet on Kalshi—Prediction-Market Unicorn Hits $2 Billion Valuation

Following Polymarket, the prediction platform Kalshi has completed a $185 million funding round. The round was led by crypto venture capital firm Paradigm at a $2 billion valuation. Amid Bitcoin hovering around $105,000 and a US stock market downturn, these developments underscore the potential of prediction markets. They also reflect the maturation of the crypto ecosystem source: https://beincrypto.com/paradigm-bets-185-million-kalshi/