Opinion Raises $20M to Scale Onchain Prediction Market Settlement
Opinion has raised $20 million in a pre-Series A spherical, indicating rising investor conviction that onchain settlement is turning into the defining infrastructure layer for prediction markets.
The funding spherical was backed by Hack VC, Jump Crypto, Primitive Ventures, Decasonic, and different buyers, in accordance to the corporate.
Opinion is positioning itself round onchain settlement as a primary design alternative as a substitute of competing purely on market breadth. Unlike centralized, CFTC-regulated platforms akin to Kalshi, Opinion settles all markets instantly onchain. This is a mannequin nearer to Polymarket with a equally broad class combine. The firm says this method permits sooner decision, composability with DeFi instruments, and transparency round collateral and payouts.
“Our settlement works completely onchain,” the Opinion staff told CoinDesk, explaining that infrastructure selections, somewhat than advertising and marketing cycles, are driving person retention and repeat buying and selling.
Liquidity focus indicators market maturity
Opinion is frequently within the high three tracked prediction exchanges, handling roughly one-third of world prediction-market quantity. In quantity phrases, Opinion is rivaling the 2 high exchanges, Kalshi and Polymarket. The platform additionally carries greater than $130 million in open curiosity, in accordance to information from Dune Analytics. While general crypto buying and selling has softened, prediction markets have remained energetic.
According to DeFi Rate prediction market volume data, high prediction exchanges are frequently exceeding $6 billion in notional quantity per week, making $30 billion months the brand new norm. Liquidity is more and more focused on a handful of platforms with dependable settlement and deep markets.
That focus suggests the sector is shifting previous its experimental part. Instead, it’s going towards a extra sturdy construction, the place infrastructure high quality issues as a lot as headline occasions.
Diversification as a defensive technique
A key differentiator for Opinion is market diversification. While a lot of the trade’s current progress has been pushed by US elections and main sports activities occasions, Opinion’s has been unfold throughout many buying and selling classes. This contains macroeconomic indicators, regional political outcomes, pre-token era occasions, cultural moments, and crypto-related markets.
That mixture is designed to scale back dependence on single-cycle occasions and easy quantity over time. Founder and CEO Forrest Liu mentioned the platform’s range of markets has helped maintain engagement even exterior peak political moments.
The technique additionally aligns with observations from conventional finance. US financial institution Citizens has mentioned that prediction markets are turning into a distinct asset class, with constant month-to-month volumes as platforms increase into macro and policy-driven contracts.
Capital flows regardless of a weak crypto market
The current elevate stands out towards declining cryptocurrency token costs and diminished enterprise deployment throughout a lot of the crypto sector. Investors seem to be distinguishing between speculative infrastructure and platforms addressing clear demand.
For funds like Hack VC and Jump Crypto, Opinion represents publicity to a class that mixes buying and selling, information, and real-world occasions.
Opinion mentioned the brand new capital can be used to enhance regional protection. It may also increase globally forward of main occasions such because the 2026 World Cup and upcoming elections.
Those occasions are anticipated to drive renewed curiosity in outcome-based markets. However, Opinion’s long-term wager is that prediction markets will stay energetic even between world headlines.
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