[Prediction Market Kalshi Completes $1 Billion Series E Financing Led by Paradigm] According to Business Wire, prediction market platform Kalshi announced the completion of a $1 billion Series E financing round led by Paradigm, with a latest valuation of $11 billion. Participants in the round include a16z, Sequoia Capital, ARK Invest, and others. Kalshi's weekly trading volume has exceeded $1 billion, with millions of users. The platform has established over 3,500 trading markets and will continue to expand its products, media partnerships, and integrate with more brokerages. It was previously reported that Kalshi completed a $1 billion financing round at an $11 billion valuation, led by Sequoia and CapitalG. The valuation and amount are consistent, suggesting the two reports may refer to the same financing round.