Kalshi, a U.S.-regulated prediction market, raised $185 million in a Series C round led by Paradigm, reaching a $2 billion valuation. Backers include Sequoia, Citadel’s Peng Zhao, Multicoin, and Bond Capital. Funds will support product expansion, broker integrations like Robinhood, and broader market offerings. Meanwhile, Bit Digital secured $150 million to boost its crypto mining infrastructure and global operations. These major VC rounds reflect a renewed investor appetite in crypto platforms and infrastructure amid signs of market recovery. Kalshi’s legal status sets it apart from unregulated rivals like Polymarket, while Bit Digital signals optimism for Bitcoin mining’s profitability resurgence.