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.

Andreessen Horowitz (a16z) announced its investment in Kalshi, and the company revealed plans to expand its services to 140 countries.