Blockchain-based prediction-market platform Opinion mentioned it raised $20 million in pre-Sequence A spherical, underscoring that some corners of the crypto economic system can nonetheless appeal to sizeable funding even when broader markets are depressed.
The spherical included backing from Hack VC, Soar Crypto, Primitive Ventures, Decasonic and others, in response to an emailed announcement on Wednesday.
Opinion operates extra like Polymarket — with markets settled on-chain — than a centralized change similar to Kalshi. “Our settlement works fully onchain,” the Opinion crew instructed CoinDesk by way of electronic mail.
The corporate handles a couple of third of all prediction-market quantity globally and carries greater than $130 million in open curiosity, it mentioned citing Dune Analytics. Binance Analysis estimated complete December buying and selling quantity of round $7 billion, pointing to rising demand as regulatory and political uncertainty intensified.
The agency’s rise dovetails with broader structural progress within the prediction-market business. U.S. financial institution Residents has famous that prediction markets, as soon as area of interest, are evolving into a brand new asset class, with month-to-month buying and selling volumes round $10 billion as platforms broaden past sports activities into macroeconomic and coverage outcomes.
The fundraise additionally means that even in a muted crypto cycle, blockchain-native infrastructure addressing actual demand similar to occasion buying and selling continues to attract investor capital.
Opinion’s pitch is diversification. Whereas rivals draw most exercise from sports activities and politics, Opinion spreads buying and selling throughout macro, pre-token era occasions, tradition and crypto, masking all the things from CPI prints to geopolitical outcomes.
Founder and CEO Forrest Liu mentioned the funding shall be used to deepen the corporate’s regional presence and broaden globally forward of the 2026 World Cup and elections.
