The U.S. prediction market platform Kalshi has completed a new round of financing, with a valuation of $2 billion.

Tarek Mansour, the CEO of the prediction market platform Kalshi, posted on X on Wednesday that the company had raised $185 million in a funding round, and its valuation reached $2 billion. Mansour said that this funding round was led by Paradigm, an investor focusing on cryptocurrencies. Investment firms Sequoia, Multicoin, Neo, and Bond Capital, as well as Peng Zhao, the CEO of Citadel Securities, participated in the investment. (Sina Finance)