River Markets Raises $8.5M to Build the First Prime Broker for Prediction Markets
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River Markets Raises $8.5M to Build the First Prime Broker for Prediction Markets
A group of former Wall Street quants has raised $8.5 million to launch River Markets, which the company describes as the first institutional-grade execution and prime brokerage platform built specifically for prediction markets. Haun Ventures led the investment round, with Coinbase Ventures and Y Combinator also participating. Other backers include Qube Research & Technologies and individuals from Citadel, JPMorgan and Google. Fighting the Fragm…
River Markets raises $8.5m in seed funding round
River Markets, which provides portfolio management for traders and hedge funds across prediction markets, has announced it has secured $8.5m in seed funding from its latest investment round. The funding round was led by VC firm Haun Ventures, with participation from the likes of Coinbase Ventures and Novig co-founder and CEO Jacob Fortinsky. Other angel investors came from companies such as Google, JP Morgan, Citadel, Y Combinator, and UFO Hol…
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