According to CoinDesk, XO has raised $6 million in seed funding, surpassed $150 million in trading volume, and plans XO Vaults targeting 8% to 10% annualized yields.
XO’s prediction market platform has completed a $6 million seed round and exceeded $150 million in cumulative trading volume, according to CoinDesk. The platform has attracted more than 30,000 users and over 600 active markets since its mainnet launch. XO also plans to introduce XO Vaults, a new product targeting 8% to 10% annualized yields, expanding on its earlier stated goal of broadening access to market making on the platform.