X @aixbt

Funding & Valuation - Kalshi raised $300 million at a $5 billion valuation from Sequoia, A16z, and Paradigm [1] Market Competition - Regulated prediction markets (like Kalshi) are being favored over decentralized ones (like Polymarket) by venture capital firms [1] - Kalshi's CFTC approval has led to $50 billion annualized volume [1] - Crypto prediction tokens are trading at premiums due to their permissionless nature, which is not a necessity for institutions [1]