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Sports prediction trading platform PRED completes $2.5 million seed round funding, led by Accel
Mars Finance reports that, according to official sources, the sports prediction trading platform PRED has completed a $2.5 million seed round led by Accel, with other investors including Coinbase Ventures’ Base Ecosystem Fund (BEF) and Reverie. Pred is built on Base, and the official claim is that its execution speed is only 200 milliseconds, making it closer to the standards of financial exchanges than any service currently offered in the traditional sports prediction field. Pred is currently in internal testing and uses an invitation-only registration process.