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ChainCatcher news, the US-regulated prediction market platform Kalshi is currently receiving venture capital proposals, with a potential valuation as high as $12 billion. Less than two weeks ago, Kalshi had just completed a financing round of over $300 million, with a valuation of $5 billion. Investors are showing strong interest in this rapidly growing startup, with the discussed valuation range between $10 billion and $12 billion or even higher.

Jinse Finance reported that several executives from crypto companies met separately with Senate Democrats and Republicans on Wednesday to discuss advancing the crypto market structure bill. Chainlink CEO Sergey Nazarov stated that Democrats have shown a continued willingness to support bipartisan legislation, and the meetings have restarted the dialogue between the industry and lawmakers. Senate Banking Committee Chairman Tim Scott called on Democrats to immediately return to the negotiating table for substantive discussions. Although there are still procedural obstacles such as committee reviews and reconsideration by the House of Representatives, the industry believes that passing the bill would help digital assets gain recognition from the US government, and failure to complete it in the short term does not mean failure.