Raven completes strategic funding round at $90 million pre-money valuation, with participation from Coinbase Ventures and others.

BlockBeats news, September 29, according to CNBC, Coinbase Ventures and CMCC Global completed a strategic investment in trading firm Raven at a $90 million pre-money valuation. Raven was founded in 2023 and initially provided liquidity in crypto trading, but has expanded into prediction markets since the second quarter of 2025, co-founder Petar Kostov said.

"Platforms with insufficient trading volume often find it difficult to find liquidity partners. Platforms with very high trading volume, on the other hand, often struggle to find enough liquidity to keep up with demand," Kostov told CNBC.