US EditionPolymarket's New Rival? Coinbase-Backed Startup Bags $15 Million In Seed Funding For Blockchain-Based Prediction Platform
7 Articles
7 Articles
Polymarket's New Rival? Coinbase-Backed Startup Bags $15 Million In Seed Funding For Blockchain-Based Prediction Platform
A former Polymarket executive disclosed on Wednesday a $15 million seed funding round for a new venture named The Clearing Company, which aims to compete in the prediction market space.
Coinbase and Union Square Ventures Back $15M Prediction Market Startup Led by Polymarket Alumni
The Clearing Company, founded by former Polymarket and Kalshi executives, has raised $15 million in seed funding led by Union Square Ventures with participation from Coinbase Ventures, Haun Ventures, and Variant.
Ex-Polymarket head of growth’s prediction market startup nets $15m funding round
The Clearing Company, a prediction market set up by former Kalshi and Polymarket head of growth Toni Gemayel, has secured $15m in a seed funding round. The round was led by Union Square Ventures (USV) and featured participation from Coinbase Ventures, Hauen Ventures, and a series of crypto-focused investors. The Clearing Company does not yet have a live product, nor is it licensed with the Commodity Futures Trading Commission (CFTC). The predict…
Key Points of the News A new startup called The Clearing Company, founded by the ex-executive Polymarket Toni Gemayel, has earned $15 million in a seed round led by Union Square Ventures, with the support of Haun Ventures and Coinbase Ventures. The company plans to launch the first blockchain-based prediction market that is both permit-free and regulated.With a team of former Polymarket employees, the project seeks to challenge leaders such as P…
Former Polymarket Employees Launch The Clearing Company With $15 Million Seed Funding - FinanceFeeds
A group of former Polymarket employees has launched The Clearing Company, a new on-chain prediction market platform, after securing $15 million in seed funding. The investment round was led by Union Square Ventures (USV) and included contributions from prominent backers such as Coinbase Ventures, Haun Ventures, Variant, Compound, Rubik, Earl Grey, Cursor Capital, and Asylum, along with several angel investors. The launch comes at a pivotal time,…
Ex-Polymarket team launches onchain prediction markets with $15M round
Former team members behind prediction market platform Polymarket have launched a new venture, The Clearing Company. It secured a $15 million seed round led by Union Square Ventures, according to an announcement on Wednesday. Other investors include Haun Ventures, Variant, Coinbase Ventures, Compound, Rubik, Earl Grey, Cursor Capital, Asylum and several angel backers. Co-founder Toni Gemayel emphasized that while prediction markets have existed f…
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