On-chain trading platform TurboFlow completes $6 million seed round led by Pantera Capital

CoinFeed June 23 news, according to The Block, on-chain trading platform TurboFlow, which offers prediction markets and perpetual contracts, has completed a $6 million seed round led by Pantera Capital, with participation from Susquehanna Crypto and Digital Currency Group. The round closed in March and was structured as a simple agreement for future equity with token warrants. Headquartered in Hong Kong, TurboFlow aims to become the "Kalshi of Asia-Pacific." TurboFlow seeks to fill the gap in prediction markets in Asia through localization and regional presence. The platform has been operating in beta for over six months, with over 15,000 registered users and cumulative trading volume exceeding $19 billion.