Opinion Raises $20 Million Pre-Series A to Expand Onchain Prediction Market Platform

Opinion Raises $20 Million Pre-Series A to Expand Onchain Prediction Market Platform

Blockchain-based prediction platform Opinion closed a $20M pre-Series A led by Hack VC and Jump Crypto, aiming for global expansion ahead of the 2026 World Cup and major elections.

Summary

Blockchain prediction-market platform Opinion announced a $20 million pre-Series A funding round backed by Hack VC, Jump Crypto, Primitive Ventures, Decasonic, and other investors. According to the official statement, Opinion settles markets entirely onchain, positioning it closer to Polymarket than centralized competitors like Kalshi. The platform manages about one-third of global prediction-market volume, with $130 million in open interest, supported by growing demand amid regulatory and political uncertainty. The company plans to use the funds to deepen its regional presence and expand globally in anticipation of the 2026 World Cup and upcoming elections.

Terms & Concepts
  • Prediction market: A platform where users trade contracts based on outcomes of future events, reflecting collective forecasts.
  • Open interest: The total value or number of outstanding contracts that have not yet been settled in a market.
  • Onchain settlement: A process in which market outcomes and transactions are recorded and executed directly on a blockchain.