Kalshi's early employees plan to raise $35 million to establish a venture capital fund focused on prediction markets.

CoinFeed reported on March 23 that, according to Fortune, early employees of the prediction market platform Kalshi are launching a venture capital fund called 5c(c) Capital, aiming to raise up to $35 million, focusing on investing in the prediction market sector. The fund's partners are Adhi Rajaprabhakaran, a former early trader at a Kalshi-affiliated market maker, and Noah Zingler-Sternig, former head of operations at Kalshi.