EGW-Newsa16z Continues to Push Kairos: New Tool for Prediction Market Traders Attracts $2.5 Million in Investments
a16z Continues to Push Kairos: New Tool for Prediction Market Traders Attracts $2.5 Million in Investments
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a16z Continues to Push Kairos: New Tool for Prediction Market Traders Attracts $2.5 Million in Investments

In the world of cryptocurrencies and prediction markets, the Kairos project continues to gain momentum, attracting the attention of leading investors. According to the latest data, the venture fund a16z crypto led a funding round of $2.5 million for Kairos, a platform developing a cross-platform tool for professional prediction market traders. This investment round was also supported by Geneva Trading, the University of Illinois, and several angel investors.

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Kairos, founded by former Cboe Global Markets employees Jay Malawa and Zaid Alzein, aims to solve the problem of information fragmentation and user experience in the prediction markets industry. The platform promises to become a convenient terminal for trading, including integration with popular projects such as Polymarket. As noted in recent publications, this could become a "cool tool" for working with Polymarket and other similar platforms, allowing traders to more effectively analyze and conduct operations.

a16z Continues to Push Kairos: New Tool for Prediction Market Traders Attracts $2.5 Million in Investments 1

Information about the investments appeared in the context of the end of the year, when various predictions and analyses flooded the crypto community. Previously, the project was mentioned in the context of potential developments, and now it is confirmed that a16z continues to "push" Kairos, investing in its seed round. Currently, the Kairos team consists of only two co-founders, but after funding, expansion of the staff and launch of a private beta are planned.

To get into the closed beta, users can try through X, where the project actively shares updates. Don't forget to join the waitlist on the official website kairos.trade, where a terminal for testing is already available. In the future, Kairos could become a key tool for traders, especially in the Polymarket ecosystem, where trading volumes continue to grow.

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This development underscores the interest of venture capital in crypto market infrastructure, despite volatility.

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