Overview
- TurboFlow announced the $6 million seed round on June 23, 2026, led by Pantera Capital with participation from Susquehanna Crypto (SIG Crypto) and Digital Currency Group.
- The Hong Kong startup runs a custom Layer‑1 platform that combines prediction markets, which let users bet on event outcomes, with perpetual futures, which let traders hold leveraged positions on asset prices.
- TurboFlow says its multi‑month beta attracted more than 15,000 users and handled about $19 billion in trading volume, and the company will use the funding to speed product development and grow users.
- SIG Crypto will provide market‑making and liquidity support, but TurboFlow’s advertised features such as up to 1,000x leverage and a zero‑fee model raise regulatory and business sustainability questions that the company says it is evaluating market by market across APAC.
- The $6 million raise gives TurboFlow early runway but is modest versus large rivals, so execution on liquidity, regulatory approvals, and user retention will determine whether it can bridge institutional rails to retail traders in Asia‑Pacific.