PANews reported on April 1st that, according to Fortune , crypto venture capital firm Paradigm is developing a prediction market trading terminal for professional traders and market makers, spearheaded by partner Arjun Balaji since the end of 2025. The report also states that Paradigm is evaluating the feasibility of building its own prediction market-making business and exploring with researchers the possibility of packaging multiple prediction markets into a tradable index; related data has been compiled into a public dashboard. Paradigm is a major investor in the prediction market platform Kalshi , participating in multiple funding rounds, with its latest valuation at approximately $ 22 billion. Its competitor, Polymarket , is also in talks for a new funding round with a valuation of approximately $ 20 billion. Paradigm has recently expanded into areas such as AI and robotics, and has incubated projects such as Ithaca and Tempo .