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Prediction markets startup Kalshi has secured $185 million in a Series C round led by crypto-focused VC Paradigm, catapulting its valuation to $2 billion. The funding underscores growing investor interest in crypto-integrated prediction platforms. Kalshi plans to expand its tech team and broker integrations while deepening its crypto offerings.
- Kalshi's $185M Series C round was led by Paradigm, boosting its valuation to $2B and unicorn status.
- The platform now accepts crypto deposits (BTC, USDC, Worldcoin, Solana) via a Web3 integration with ZeroHash.
- Kalshi processed $875M in election market volume and secured CFTC approval for political event contracts.
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