TurboFlow raises $6 million seed round led by Pantera Capital

TurboFlow closed a $6 million seed round in March through a simple agreement for future tokens, with Pantera Capital leading and Susquehanna Crypto and Digital Currency Group also participating. The Hong Kong-based company operates an on-chain trading platform that combines prediction markets and perpetual futures, and says its beta has run for more than six months, attracting over 15,000 registered users and more than $19 billion in cumulative trading volume. Founder Tony He, a former co-founder and partner at Amber Group, did not disclose the valuation. The company is positioning itself around what it sees as an underserved APAC market, arguing that while platforms such as Kalshi and Polymarket have gained traction in Western markets, prediction-market regulation and product availability remain fragmented across Asia. TurboFlow said the new funding will support product development, liquidity infrastructure and user growth.

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