Pred Raises $2.5M to Build the Fastest Trading Experience in Sports Prediction
[PRESS RELEASE – Panama City, Panama, February 17th, 2026]
Pred, a peer-to-peer sports activities prediction trade, introduced a $2.5 million funding spherical led by Accel, with participation from BEF by Coinbase Ventures and Reverie. The capital will assist staff growth, liquidity improvement, and international person onboarding as Pred builds exchange-grade infrastructure for sports activities prediction markets. The platform is stay in non-public beta, with merchants being onboarded by means of an invite-only program forward of broader public entry.
Pred is constructing the quickest sports activities prediction trade on Base, Coinbase’s layer-2 blockchain community. The platform lets merchants purchase and promote positions on sports activities outcomes with 200-millisecond execution and spreads below 2 %. It is designed for merchants who method sports activities markets with the similar analytical self-discipline used in monetary markets, emphasising clear order books, market-driven pricing, and on-chain settlement.
“Prediction markets have confirmed their worth for episodic occasions, however sports activities characterize a completely totally different scale of alternative, steady, international, and deeply liquid. Pred is constructing purpose-built infrastructure for this market relatively than retrofitting general-purpose instruments. That’s the type of targeted execution we again.” – Prayank Swaroop, Partner at Accel.
While prediction markets have traditionally demonstrated robust forecasting accuracy, most purposes have been restricted to episodic occasions reminiscent of elections or macroeconomic outcomes. Sports current a essentially totally different surroundings, with steady international demand, frequent occasions, and a pure match for high-speed buying and selling methods. Despite the scale of the international sports activities betting financial system, the majority of quantity stays concentrated inside house-controlled sportsbooks that set costs and handle threat internally.
Pred takes a special method by making use of an trade mannequin to sports activities predictions, permitting members to commerce straight with each other. Prices emerge by means of actual provide and demand, reflecting collective market sentiment relatively than fastened odds. By eradicating the home from the equation, Pred goals to create a extra environment friendly, clear, and trader-driven market for sports activities outcomes.
“Sports prediction is a $500B international trade nonetheless working on infrastructure that punishes winners. We constructed Pred to change that, a decentralised trade the place velocity, transparency, and ability are rewarded, not penalised.” – Amit Mahensaria, CEO and Co-Founder.
Pred will use the funding to construct out its staff with expertise from monetary and sports activities sectors, deepen market liquidity by means of institutional partnerships, and drive the dealer development wanted to maintain a high-velocity trade. The purpose: grow to be the premier international vacation spot for sports activities prediction buying and selling.
About Pred
Pred is constructing a sports activities prediction trade that lets merchants purchase and promote positions on sports activities outcomes with 200ms execution and spreads below 2%. Unlike conventional sportsbooks that restrict or ban successful customers, Pred operates as a peer-to-peer trade the place expert merchants are welcome.
*Disclaimer: Pred doesn’t function in India, Singapore, the US, or OFAC-sanctioned international locations.
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