Cryptocurrency prediction market Kalshi is reportedly seeking a substantial $100 million investment. This funding round has garnered significant attention, with prominent cryptocurrency investment firm Paradigm reportedly planning to participate, according to Unfolded. Kalshi Valuation Soars The new investment round values Kalshi at over $1 billion, highlighting the growing interest in prediction markets and their potential within the cryptocurrency space. Kalshi allows users to trade on the outcome of various events, offering a unique and engaging platform for speculation and hedging. The influx of capital will likely fuel further expansion and development of the platform. Paradigm's Involvement Paradigm's potential participation signals strong confidence in Kalshi's long-term prospects. As a leading cryptocurrency investment firm, Paradigm's backing lends credibility to Kalshi's vision and its role in the evolving digital asset landscape. ```