Kalshi Secures $185M Funding
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Business & Economics
Kalshi closes $185M round as rival Polymarket reportedly seeks $200M

74% Informative
Kalshi has raised a $185 million round, led by crypto-focused VC firm Paradigm .
The move brings the company's valuation to $2 billion post-money.
Polymarket has been banned from the U.S. since 2022 as part of an agreement with regulators at the Commodity Futures Trading Commission .
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