Milestones

Kalshi, a US-regulated prediction market, officially launched, allowing users to trade on the outcomes of future events.

The CFTC dropped its appeal against Kalshi after a U.S. district court ruled in the platform's favor, securing the future of election-based markets.

Kalshi closed a $185 million Series C funding round led by Paradigm, bringing its total valuation to approximately $2 billion.

Kalshi appointed crypto influencer John Wang as its first Head of Crypto to lead the platform's on-chain expansion and crypto-native user onboarding.

Kalshi announced a partnership with Solana and Base to launch an ecosystem support network, offering grants to developers building on its infrastructure.