Opinion Nets $20M as Prediction Markets Bloom in Quiet Glamour

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Prediction markets promenade onto the scene, darling-on-chain sparkle, capital clinking, and policy loosening like a glove that finally fits.

Opinion’s Star Turn: A $20M Pre-Series A Caper

In a Wednesday release, Opinion declared a stylish $20 million raised in a pre-Series A round. Hack VC and Jump Crypto led the chorus, with Primitive Ventures and Decasonic tagging along. It’s not a disaster in disguise but a genteel flutter of cash in the cryptosphere, which pretends it’s all very capacious and not at all combustible.

On-Chain Settlement and an Open Book

Away with centralized platforms like Kalshi, Opinion runs the show entirely on-chain. Markets are settled through blockchain infrastructure rather than internal machinations, a setup the company insists boosts trust and invites public scrutiny-quite the social whirl, don’t you think?

Opinion claims it handles roughly one-third of global prediction-market trading volume. Open interest on the platform sits above $130 million, according to Dune Analytics.

According to Binance Research, total prediction-market trading volume reached about $7 billion in December of last year. That figure suggests appetite grows when politics and regulation are in the air, like good party gossip.

Prediction Markets Widen Their Circle as Regulators Reconsider Boundaries

What was once a tiny niche has sprouted into a broader salon. Users can now bet on sports results, economic data, policy decisions, and global events. Citizens Bank calls the space an emerging asset class, with monthly trading volumes flirting with $10 billion as use cases widen.

Opinion differentiates itself by spreading activity across several market types:

  • Macroeconomic indicators such as inflation data and rate decisions
  • Pre-token generation events linked to early-stage crypto projects
  • Cultural and media-driven outcomes beyond traditional betting
  • Geopolitical and global risk events tracked in real time

Founder and CEO Forrest Liu says the funding will fuel regional expansion and global growth, with plans to brace for higher volumes around the 2026 World Cup and upcoming election cycles.

Analysts suspect regulatory shifts may also buttress industry expansion. CFTC Chairman Michael Selig noted the agency has withdrawn a proposal to ban sports and political event contracts. The prior idea lingered in Biden-era chatter ahead of the 2024 presidential election.

Trading activity has climbed since a 2024 legal challenge faltered. New rules are being drafted for the multi-billion-dollar industry, designed to accommodate a broader range of future outcomes.

And there you have it-a cocktail of ambition, data, and droll wit, served with a side-eye to the skeptics. The future loves a good story, darling, and the bets are only getting more entertaining.

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2026-02-05 09:47