Kairos, a professional prediction market trading terminal, has raised $2.5 million in funding, led by a16z crypto.

PANews reported on February 3rd that Kairos, a professional prediction market trading terminal, announced the completion of a $2.5 million funding round. The round was led by a16z crypto, with participation from Geneva Trading, the University of Illinois, and angel investors. The company's valuation was not disclosed.

Kairos was co-founded by Jay Malavia (CEO) and Zayd Alzein (CTO), both former employees of the traditional financial firm Cboe Global Markets. They started the project after noticing the fragmented information and disjointed user experience within the prediction market industry. Their platform aims to integrate market data and trading activity from leading prediction markets Kalshi and Polymarket, providing fast, customizable dashboards and synchronizing relevant news updates with trading data. The company plans to launch a private beta version in the coming weeks. Currently, the team consists of only two co-founders, and hiring is expected to begin after securing funding.