Kalshi Inc., a U.S.-based prediction market platform, has successfully raised $1 billion in a Series E funding round, achieving a valuation of $11 billion. The round was led by Paradigm and aims to significantly expand Kalshi's user base to 100 million, increase trading volume, and establish strategic partnerships with news organizations. The platform's integration with the Solana blockchain is set to enhance its presence in the DeFi and blockchain sectors. Additionally, the Commodity Futures Trading Commission's (CFTC) regulatory clarity, which classifies prediction contracts as commodities, has bolstered institutional confidence in Kalshi.