Odaily Planet Daily reports that Prediction Market Opinion has announced the completion of a $20 million Series A funding round, with Hack VC, Jump Crypto, Primitive Ventures, Decasonic, and others participating. Currently, its trading scope has expanded to macroeconomics, pre-token issuance events, culture, and cryptocurrencies, covering data such as CPI figures. The data shows that the company is currently handling about one-third of the global prediction market trading volume, with open interest exceeding $130 million. (CoinDesk)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
The White House warns employees not to use policy insider information to place bets on prediction markets
The White House warns staff not to use their positions to bet in prediction markets, especially by engaging in unusual trading activity before policies suddenly change. Accounts that have already profited more than $600k through prediction have drawn criticism, and critics suspect that someone used insider information to profit. The White House confirmed the authenticity of the warning.
GateNews9m ago
An account with losses totaling over $4.3 million bought a $190k NBA Bulls spread bet on the prediction platform.
A prediction platform shows that on April 9, an account lost more than $4.3 million. In the NBA Bulls vs. Wizards game, it bought the Bulls point spread. Before the game, the Bulls were ranked 12th in the Eastern Conference, and the Wizards were ranked 15th.
GateNews46m ago
Polymarket Unveils Stablecoin and Order Book Overhaul in Exchange Upgrade
Polymarket is initiating a significant upgrade of its exchange, set to roll out over the next few weeks. The update includes a rebuilt trading engine, enhanced smart contracts, and the introduction of a new collateral token, Polymarket USD, aimed at improving usability and user experience.
CryptoNewsFlash3h ago
Social app Giggles completes more than $1 million in a Pre-Seed funding round, led by 1kx
Social app Giggles announced on April 9 that it has completed more than $1 million in Pre-Seed funding, led by 1kx. The funds will be used to improve the product and scale its user base. The app combines a prediction-market mechanism, allowing users to “buy in” early to help turn “content discovery” into an economic activity.
GateNews11h ago
Polymarket Unveils USD Token in Major Platform Upgrade
Polymarket is launching a new collateral token, Polymarket USD, replacing USDC.e to enhance transaction speed and reduce costs amidst regulatory challenges. The upgrade includes the CTF Exchange V2 for improved order matching and anticipates a potential POLY token introduction.
CryptoFrontNews17h ago