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Kalshi Hits $2B Valuation After $185M Fundraise Led by Paradigm
Kalshi Hits $2B Valuation After $185M Fundraise Led by Paradigm
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BTCCSquare news:
Kalshi, a US-based regulated prediction market platform, has secured $185 million in a funding round led by Paradigm, a prominent crypto-focused investment firm. The deal propels Kalshi's valuation to $2 billion, signaling strong institutional confidence in alternative market platforms.
The investment underscores growing crossover interest between traditional finance and crypto-native firms. Paradigm's backing reflects a strategic bet on the convergence of prediction markets and decentralized finance infrastructure.
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