Kalshi, a federally regulated prediction market platform, has raised $185 million in a Series C funding round led by Paradigm, a venture capital firm specializing in cryptocurrency investments. This latest funding round values Kalshi at $2 billion, marking it as one of the leading prediction market startups in the United States. Other participants in the round include Sequoia Capital, Multicoin Capital, Peng Zhao, Neo, and Bond Capital. Kalshi competes with Polymarket, another prediction market platform that recently secured nearly $200 million in funding at a valuation around $1 billion but lacks Commodity Futures Trading Commission (CFTC) registration, making it inaccessible to U.S.

users. Kalshi’s platform supports cryptocurrency deposits and has gained legal approval to list election-related contracts, positioning itself as a prominent player in the fintech and crypto space. Founded by Luana Lopes Lara and Tarek Mansour, Kalshi has become a popular venue for hedging uncertainty on events such as elections and economic data. The company’s growth reflects increasing investor confidence in prediction markets, which are viewed as providing market-implied odds that can be more accurate than traditional polling methods.

Kalshi, a federally regulated prediction market platform, has raised $185 million in a Series C funding round led by Paradigm, a venture capital firm focused on cryptocurrency investments. This latest funding round values Kalshi at $2 billion, marking a substantial increase from earlier reports of a $1 billion valuation. The round also included participation from notable investors such as Sequoia Capital, Multicoin Capital, Peng Zhao, Neo, and Bond Capital. Kalshi, founded by Luana Lopes Lara and Tarek Mansour, is recognized as the first U.S.

Commodity Futures Trading Commission (CFTC)-regulated prediction market and has gained prominence for its market-implied odds on elections, economic data, and Federal Reserve decisions. The company plans to use the new capital to scale its technology and broker integrations. Kalshi competes directly with Polymarket, another prediction market platform which recently closed a $200 million funding round at a valuation near $1 billion but lacks CFTC registration, making it inaccessible to U.S. users. Both platforms have attracted significant venture capital interest amid growing adoption of prediction markets, with Kalshi increasingly embracing cryptocurrency deposits.

Kalshi, a federally regulated prediction market platform, has raised $185 million in a Series C funding round led by Paradigm, a venture capital firm focused on cryptocurrency investments. This latest round values Kalshi at $2 billion, marking a substantial increase from earlier reports of a $1 billion valuation. The funding round also includes participation from notable investors such as Sequoia Capital, Multicoin Capital, Peng Zhao, Neo, and Bond Capital. Kalshi has gained prominence for offering legally approved event contracts and has become a leading source of market-implied odds on a variety of topics, including elections and economic data.

The platform competes with Polymarket, another prediction market startup which recently closed a $200 million funding round at a valuation near $1 billion but lacks Commodity Futures Trading Commission (CFTC) registration, making it inaccessible to U.S. users. Kalshi’s CEO, Tarek Mansour, confirmed the funding and valuation in a public statement. The company plans to use the capital to scale its technology and broker integrations. Founded by immigrant entrepreneurs Luana Lopes Lara and Tarek Mansour, Kalshi is recognized as the first U.S. CFTC-regulated prediction market, reflecting growing investor confidence in the sector and its potential to legally hedge uncertainty.

President Donald Trump has nominated Brian Quintenz, a former commissioner of the Commodity Futures Trading Commission, to become the agency’s next chair. During a June 10 confirmation hearing before the Senate Agriculture Committee, Quintenz told lawmakers that Bitcoin and other digital assets have the potential to "touch every aspect of society" and promised to provide clear, consumer-focused rules for the rapidly growing market.

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Kalshi, a federally regulated prediction market platform, has raised $185 million in a Series C funding round led by Paradigm, a venture capital firm specializing in cryptocurrency investments. This latest funding round values Kalshi at $2 billion, marking it as one of the leading prediction market startups in the United States. Other participants in the round include Sequoia Capital, Multicoin Capital, Peng Zhao, Neo, and Bond Capital. Kalshi competes with Polymarket, another prediction market platform that recently secured nearly $200 million in funding at a valuation around $1 billion but lacks Commodity Futures Trading Commission (CFTC) registration, making it inaccessible to U.S.

users. Kalshi’s platform supports cryptocurrency deposits and has gained legal approval to list election-related contracts, positioning itself as a prominent player in the fintech and crypto space. Founded by Luana Lopes Lara and Tarek Mansour, Kalshi has become a popular venue for hedging uncertainty on events such as elections and economic data. The company’s growth reflects increasing investor confidence in prediction markets, which are viewed as providing market-implied odds that can be more accurate than traditional polling methods.

Kalshi, a federally regulated prediction market platform, has raised $185 million in a Series C funding round led by Paradigm, a venture capital firm focused on cryptocurrency investments. This latest funding round values Kalshi at $2 billion, marking a substantial increase from earlier reports of a $1 billion valuation. The round also included participation from notable investors such as Sequoia Capital, Multicoin Capital, Peng Zhao, Neo, and Bond Capital. Kalshi, founded by Luana Lopes Lara and Tarek Mansour, is recognized as the first U.S.

Commodity Futures Trading Commission (CFTC)-regulated prediction market and has gained prominence for its market-implied odds on elections, economic data, and Federal Reserve decisions. The company plans to use the new capital to scale its technology and broker integrations. Kalshi competes directly with Polymarket, another prediction market platform which recently closed a $200 million funding round at a valuation near $1 billion but lacks CFTC registration, making it inaccessible to U.S. users. Both platforms have attracted significant venture capital interest amid growing adoption of prediction markets, with Kalshi increasingly embracing cryptocurrency deposits.

Kalshi, a federally regulated prediction market platform, has raised $185 million in a Series C funding round led by Paradigm, a venture capital firm focused on cryptocurrency investments. This latest round values Kalshi at $2 billion, marking a substantial increase from earlier reports of a $1 billion valuation. The funding round also includes participation from notable investors such as Sequoia Capital, Multicoin Capital, Peng Zhao, Neo, and Bond Capital. Kalshi has gained prominence for offering legally approved event contracts and has become a leading source of market-implied odds on a variety of topics, including elections and economic data.

The platform competes with Polymarket, another prediction market startup which recently closed a $200 million funding round at a valuation near $1 billion but lacks Commodity Futures Trading Commission (CFTC) registration, making it inaccessible to U.S. users. Kalshi’s CEO, Tarek Mansour, confirmed the funding and valuation in a public statement. The company plans to use the capital to scale its technology and broker integrations. Founded by immigrant entrepreneurs Luana Lopes Lara and Tarek Mansour, Kalshi is recognized as the first U.S. CFTC-regulated prediction market, reflecting growing investor confidence in the sector and its potential to legally hedge uncertainty.

President Donald Trump has nominated Brian Quintenz, a former commissioner of the Commodity Futures Trading Commission, to become the agency’s next chair. During a June 10 confirmation hearing before the Senate Agriculture Committee, Quintenz told lawmakers that Bitcoin and other digital assets have the potential to "touch every aspect of society" and promised to provide clear, consumer-focused rules for the rapidly growing market.

Read more