PredictMarket's professional trading platform Kairos completes $2.5 million funding round, led by a16z crypto

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PANews February 3 News, according to Fortune magazine, prediction market professional trading terminal Kairos announced the completion of $2.5 million in funding. This round was led by a16z crypto, with Geneva Trading, the University of Illinois, and angel investors participating. The company’s valuation was not disclosed. Kairos was co-founded by Jay Malavia (CEO) and Zayd Alzein (CTO), both of whom previously worked at traditional financial firm Cboe Global Markets. They founded the project after noticing that information in the prediction market industry is scattered and experiences are fragmented. The platform aims to integrate data and trading from leading prediction markets Kalshi and Polymarket, offering fast, customizable dashboards, and synchronizing news updates with trading data. The company plans to launch a private beta in the coming weeks. Currently, the team consists of only the two co-founders, with plans to start hiring after the funding round.

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