PANews Weekly Crypto Funding Report: Kalshi Raises $10 Billion, Predicate Secures $8 Million

In October, crypto primary market funding reached $19.54 billion across 53 deals, an 83.5% month-on-month increase but a 45.3% year-on-year decline. Notable deals include Kalshi's $10 billion Series G round valuing the prediction platform at $40 billion, and Predicate's $8 million Series A. Last week saw 15 deals totaling over $1.095 billion, including PhotonPay's $40 million Series C led by Blockchain Capital.