Kalashi has just collected a $ 185 million round, headed by Crypto -based VC firm Paradim, which led to the company’s price to $ 2 billion, Paradim and Kalashi representatives confirmed the tech crunch.
“The prediction markets remind me of Crypto 15 years ago,” said Matt Huang, a founder and managing partner in Paradim, in an email statement: a new asset class on the trillions. ” “There is no better team than Kalashi to measure the prediction markets and give a new look at how people think about everything from elections and economic markets to weather and sports.”
Wall Street Journal The first was to report about the round.
This news has surfaced a day after Bloomberg Reported That is, Kalashi’s largest but regulatory translated rival rival is raising $ 200 million in a previous diagnosis of $ 1 billion, headed by the Fund. Sources said the deal is not yet final. The founders’ fund refused to comment.
Petition markets use blockchain tech to allow consumers to stretch the results of everything from pop culture events to political.
While mathematics, investors supporting Kalshi are paying more premiums than those who backed the polymerket, have the latter agreement been reported?
There is a good reason. The Commodity Future Trading Commission has banned the United States from 2022 as part of a contract with US regulators.
According to Terms of use of polymercateMany other countries and provinces have also banned or banned polymarket. These include the UK, France, Ontario, Singapore, Poland, Thailand, Belgium and Taiwan. Regulators argue that these are either the batting market and they should be licensed like gambling facilities or they are securities market and thus should be regular.
On the other hand, Kalshi worked with a similar fight with the Commodity Future Trading Commission and signed a formal agreement through the CFTC. US residents can use the site independently.
Although a devout, unorganized market can appeal to people who are raided against such things, a limited partners in venture funds prefer less dangerous.
Nevertheless, if the founding fund writes a big check, it may mean that the polymer is moving forward in the hope of lifting the formal ban under further. Crypto -friendly Trump administration. Elon Musk’s X is apparently not waiting for it. Both companies had previously announced a partnership agreement To make a polymercate this month X’s “official” prediction market, though its details are few.