Overview
- Pred raised $2.5 million led by Accel, with Coinbase Ventures’ BEF fund and Reverie participating.
- The exchange is live in private beta and is onboarding traders by invitation ahead of a broader launch.
- Its open order books let users trade sports outcomes directly with one another, with settlement recorded on-chain.
- Pred reports roughly 200-millisecond execution and typical spreads below 2 percent, which remain company claims.
- The new capital will fund hiring, global user growth, liquidity expansion, and institutional partnerships to deepen markets.