BlockBeats News, February 4th, according to CoinDesk's report, Prediction Market Opinion announced the completion of a $20 million Series A funding round, led by investors including Hack VC, Jump Crypto, Primitive Ventures, and Decasonic.
Opinion's founder and CEO, Forrest Liu, stated that the funding will be used to strengthen its regional presence and drive global expansion, in preparation for the 2026 World Cup and multiple countries' election cycles.
Opinion stated that its prediction market settles fully on-chain, with a model more similar to Polymarket than to the centralized platform Kalshi. The platform claimed to have already processed approximately one-third of the global prediction market transaction volume, with an open interest scale exceeding $130 million, showing significant growth since October last year, covering various areas such as macroeconomics and regional events.
At the industry level, the prediction market is evolving from a niche product into an emerging asset class. Data shows that the global monthly prediction market transaction volume has reached nearly $10 billion, with demand continuing to rise against the backdrop of increased policy and geopolitical uncertainty.
