Post #11849

Kalshi & Polymarket CEOs Back New $35M Prediction Market VC Fund Two early Kalshi employees, Adhi Rajaprabhakaran and Noah Zingler-Sternig, are raising to $35M for 5c(c) Capital, a fund built specifically to invest in prediction market startups, with both Kalshi CEO Tarek Mansour and Polymarket CEO Shayne Coplan among the early backers. Other backers include Marc Andreessen through Moneta Luna, Ribbit Capital founder Micky Malka, and former Multicoin managing partner Kyle Samani, Crypto Briefing - alongside a Millennium Management portfolio manager and other prediction market founders. The fund's name references a clause in the Commodity Exchange Act governing prediction markets, and the partners plan to back around 20 companies over the next two years - targeting market makers, index designers, data tools, liquidity providers, and compliance infrastructure. 🔗fortune.com/2026/03/23/kalshi-polymarket-5cc-capital-prediction-market-fund-raise Top 7 Ecosystem:Alpha | X | Telegram