Kate Clark / Bloomberg:

Kalshi raised $185M led by Paradigm at a $2B valuation; sources: Polymarket is completing a $200M+ investment led by Founders Fund at a ~$1B pre-money valuation  —  Kalshi Inc., a prediction market that competes with Polymarket, said it has raised $185 million at a valuation of $2 billion.

Kate Clark / Bloomberg:

Kalshi raised $185M led by Paradigm at a $2B valuation; sources: Polymarket is completing a $200M+ investment led by Founders Fund at a ~$1B pre-money valuation  —  Kalshi Inc., a prediction market that competes with Polymarket, said it has raised $185 million at a valuation of $2 billion.

Source: TechMeme
Source Link: http://www.techmeme.com/250625/p25#a250625p25