US EditionXO Market bets on user-generated prediction markets to rival Polymarket and Kalshi
5 Articles
5 Articles
XO Market bets on user-generated prediction markets to rival Polymarket and Kalshi
Backed by 20VC, Picus Capital and Coinbase Ventures; XO lets users create and profit from their own prediction markets, and plans to rollout a new vault product to democratize market making.
Create-your-own prediction market secures $6m in seed funding
XO Market, a platform that allows users to create prediction markets, has announced a $6m seed funding round led by 20VC and Picus Capital. Other participants in the round include Coinbase Ventures, Insiders, Foreword Fund, and Ventures Together. Angel investors including Australian cricket captain Pat Cummins, Michele Attisani, co-owner of Ravenna FC, and Sydney Gakpo, co-founder of CMG Nexus. XO Market is a platform on which users can build an…
XO Market said it is driving a model of user-generated predictive markets, designed to allow users themselves to create and manage markets, positioning the platform against more curated rivals like Polymarket and Kalshi. The update presents the creation of markets as a central part of the product, and not just trading on predefined contracts. $6M seed round just closed, led by @HarryStebbings at @20vcFund and @picuscap, alongside @cbventures, an…
DATA.BET joins predictions as firm notes sector’s momentum
Cyprus-based technology company DATA.BET has become the latest B2B company to enter the prediction markets sector, a burgeoning yet controversial industry. The company’s new product, Prediction Markets, does what it says on the tin, so to speak – the platform expands the range of markets the firm’s clients can offer bets on. Similar to the two largest prediction platforms in the world, Kalshi and Polymarket, DATA.BET’s predictions market covers …
Backed by Coinbase Ventures, 20VC, and Picus Capital, Xo Market aims to change the logic of prediction markets with an open proposition where users create, monetize, and liquidate their own events. *** Xo Market closed a $6 million seed round with support from 20VC, Picus Capital, and Coinbase Ventures. The platform already reports over $150 million in volume, 30,000 users, and more than 600 active markets. Its next product, Xo Vaults, aims to o…
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