Day One Law Advises Kairos on $2.5M Seed Round Led by a16z crypto

Prediction markets just got the infrastructure they deserve.

Day One Law is proud to have advised Kairos on their $2.5 million seed round led by a16z crypto, with participation from Geneva Trading and the University of Illinois Urbana-Champaign.

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The Bloomberg Terminal for Prediction Markets

Co-founders Jay Malavia (CEO) and Zayd Alzein (CTO) are building what they describe as "the Bloomberg Terminal for prediction markets." Kairos is a unified execution and intelligence layer that brings real-time data, news, analytics, and low-latency execution into a single interface.

If you've traded prediction markets, you know the pain: fragmented liquidity across platforms, scattered data feeds, and basic interfaces that can't keep pace with how quickly these markets move. Kairos solves this by aggregating the trading experience across Kalshi, Polymarket, and other exchanges into one institutional-grade terminal.

The founding team brings serious credibility to this challenge. Both Jay and Zayd previously built trading infrastructure at Cboe Global Markets. Jay contributed to early prediction market initiatives there before working on data science at Geneva Trading and ML engineering at NASA. Zayd built low-latency data streaming and orderbook reconstruction systems at Cboe before creating execution infrastructure for Solana trading platforms.

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Why Prediction Markets Matter Now

Prediction markets are one of the most interesting spaces emerging in fintech. They sit at the intersection of derivatives, gaming, and information markets, with distinct regulatory frameworks that are still being defined. The landscape is evolving rapidly: Kalshi won its landmark lawsuit against the CFTC, Polymarket volumes surged during the 2024 election cycle, and institutional interest is growing.

As John Wang, co-founder of Kalshi, recently noted: prediction markets "are spawning real companies, real infrastructure, and real careers." The ecosystem is maturing from a curiosity into a legitimate financial category.

Companies like Kairos represent the next wave of this evolution. While platforms like Kalshi and Polymarket have built the exchanges, Kairos is building the professional tooling layer that turns prediction markets into a mature asset class. Real-time data aggregation, cross-platform execution, and institutional-grade analytics in one place.

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Congratulations to the Kairos Team

Day One Law served as legal counsel on the transaction and continues to support Kairos on product development and regulatory strategy. We're honored to work with founders building products we believe in and can't wait to be among the first users when the beta launches.

Congrats to Jay, Zayd, and the entire Kairos team. See you in the order books.

Read more:

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• Investing in Kairos - a16z crypto
• Introducing Kairos - Jay Malavia's announcement

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About Day One Law: Day One Law is a founder-first law firm for Web3 and crypto companies. We combine decades of experience at top law firms with a modern, practical approach built for founders who need docs signed, not memos. Learn more