Startup prediction markets firm raised $3.5 million from multiple investors Company wants to roll out “viral” prediction markets Melee, an upstart prediction markets firm, raised $3.5 million from several investors — financing that could support the company’s efforts to refresh the event contracts proposition. A Melee logo. The prediction markets upstart raised $3.5 million. (Image: X) Various angel investors, as well as DBA and Variant, participated in the funding round, which was classified as a preseed raise. Melee’s goal is to take prediction markets beyond the centralized nature of behemoths like Kalshi and Polymarket, empowering users to create their own markets. Typically, the event contracts offered by the largest exchanges in the space are set by the operators, not users. Melee is a permissionless prediction platform built to scale like the Internet,” according to a recent X post by the company. “Anyone can make a market about anything (fact or opinion).” The company is positioning itself as the “next evolution…Â Read More
Category: Cryptocurrency, Financial, Technology, cryptocurrency, technologyÂ
Source: Casino.org
