Event-driven trading heats up, Kalshi raises $185 million with a valuation of $2 billion, Polymarket also set to complete massive fundraising.

Driven by legal developments and the market's growing interest in predictive trading, the US event contracts trading platform Kalshi announced the completion of a $185 million Series C funding round, with a post-money valuation of $2 billion. This round was led by Paradigm, with participation from S