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Coinbase Ventures Backs $2.5M Sports Platform

Pred Raises $2.5M to Expand Sports Prediction Exchange

  • Pred, a peer-to-peer sports prediction exchange, has raised $2.5 million in seed funding.
  • The funding round was led by Accel, with participation from Coinbase Ventures and Reverie.
  • Funds will be used to scale the team and enhance market liquidity.
  • Pred is preparing for a global launch with high-performance infrastructure on Base.

Pred’s successful seed funding round highlights its potential in the growing sports prediction market. The involvement of major investors like Accel and Coinbase Ventures underscores confidence in Pred’s platform and future prospects.

With $2.5 million secured, Pred aims to enhance its team and market liquidity as it gears up for a global launch, positioning itself as a significant player in the sports prediction exchange sector. (Source)

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