Opinion raises $20 million as prediction markets draw capital in a weak crypto market
Blockchain-based prediction-market platform Opinion said it raised $20 million in pre-Series A round, underscoring that some corners of the crypto economy can still attract sizeable funding even when broader markets are depressed.
The round included backing from Hack VC, Jump Crypto, Primitive Ventures, Decasonic and others, according to an emailed announcement on Wednesday.
Opinion operates more like Polymarket — with markets settled on-chain — than a centralized exchange such as Kalshi. “Our settlement works entirely onchain,” the Opinion team told CoinDesk via email.
The company handles about a third of all prediction-market volume globally and carries more than $130 million in open interest, it said citing Dune Analytics….
