XO Market raises $6 million in seed funding to launch user-built prediction markets and market-making vaults.

CoinFeed reported on April 30th that, according to CoinDesk, prediction market platform XO Market has completed a $6 million seed funding round, with investors including 20VC, Picus Capital, and Coinbase Ventures. The platform focuses on a user-built market model and has attracted over 30,000 users and more than 600 active markets since its mainnet launch, with a cumulative trading volume exceeding $150 million. XO plans to launch the "XO Vaults" product, allowing users to contribute funds to provide liquidity for prediction markets based on strategies or categories (such as sports and politics), targeting an annualized return of approximately 8% to 10%, and supporting passive market-making participation similar to "copy trading."