Rocket raises $1.5m pre-seed for prediction-market platform

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Rocket raised $1.5m in a pre-seed round for its cryptocurrency platform, reportedly in late December. Electric Capital led the financing, joined by Amber, Bodhi Ventures, Jsquare, Ludlow, Tangent and angel investors. Rocket offers continuous trading against live price feeds across assets and signals, including odds from other prediction platforms.

The funding supports a platform combining prediction-market odds with continuous trading, a development relevant to the sector’s investors and operators.

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XO Market raises $6 million in seed funding for user-created prediction markets

XO Market raised $6 million in a seed round, the company said, with backing from Coinbase Ventures, 20VC, Picus Capital, Venture Together and angel investors. The company said its platform lets users create markets; it reported more than $150 million in trading volume, over 30,000 users and more than 600 user-created markets since its mainnet beta launch.

Rocket raises $1.5m pre-seed for prediction-market platform

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XO Market raises $6 million in seed funding for user-created prediction markets

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XO Market raises $6 million in seed funding for user-created prediction markets

PRED secures $2.5m seed funding for prediction markets

Slotegrator opens pre-orders for Predictor prediction-market engine

ProphetX urges CFTC to pre-empt state action on prediction markets

DraftKings expands prediction-markets strategy with its own contracts platform