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🚨JUST IN: ROBERT KIYOSAKI SAYS EVEN OWNING 0.01 $BTC MIGHT MAKE INVESTORS "VERY RICH" WITHIN TWO YEARS

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KALSHI RAISES $185M, HITS $2B VALUATION IN BIG BET ON PREDICTION MARKETS - Kalshi, a federally regulated crypto prediction market, secured $185 million in fresh funding, according to The WallStreet Journal. - The round pushes its valuation to $2 billion, showing a vote of confidence from top-tier investors. - Led by crypto-focused firm Paradigm, the raise also included heavyweights like Sequoia Capital, Multicoin Capital, Bond Capital, and Citadel Securities CEO Peng Zhao. - The funds will be used to scale Kalshi’s engineering team and integrate contracts more deeply into brokerages like Robinhood and Webull. - Kalshi lets users trade on outcomes of real-world events—elections, weather, sports, and economic indicators. - CEO Tarek Mansour said this new capital will help them “build the core infrastructure for a new asset class.” A REGULATORY EDGE OVER POLYMARKET - Unlike Polymarket, which remains banned for U.S. users, Kalshi is fully regulated by the CFTC. - This legal clarity gives it access to the massive American retail market and a distinct edge in the race to dominate the sector. - Prediction markets gained visibility during the 2024 U.S. election cycle. With investor interest now rising, these platforms are being taken more seriously as tools for gauging public sentiment. - Kalshi recently resolved a legal dispute with the CFTC over political contracts. The agency dropped its appeal in May, removing a major hurdle to broader adoption. - While sports events make up the bulk of Kalshi’s current volume, the firm is expanding its reach into crypto, weather, macroeconomics, and geopolitics. - As Paradigm’s Matt Huang put it, “Prediction markets are like crypto 15 years ago: a new asset class on its way to trillions.”

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🚨JUST IN: INVESCO AND GALAXY DIGITAL FILE FOR A SPOT SOLANA ETF TRACKING $SOL PRICE

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🚨JUST IN: JAPAN'S METAPLANET BOUGHT 1,234 MORE BITCOIN FOR $132.7M

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