Myriad Closes Seed Round to Boost Prediction Market
- Prediction market Myriad has completed its seed investment round.
- Investors include MoonPay Ventures, Auros, EVG, Side Door Ventures, and Verda Ventures.
- Individual backers feature Fundstrat co-founder Tom Lee and Pudgy Penguins CEO Luca Netz.
- Funds will be used for product development, liquidity, and market expansion.
- Myriad has migrated its event contracts to the BNB Chain and adopted USD1 stablecoin for settlements.
The successful seed round for Myriad marks a significant milestone in expanding its prediction market capabilities. With backing from prominent investors like MoonPay and Tom Lee, the funds will support aggressive growth strategies in product development and market reach.
Myriad’s transition to BNB Chain and adoption of USD1 stablecoin enhances its platform’s efficiency and consistency, aligning with its expansion goals. Source
