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Sports-based prediction markets app Onyx Odds raises $20 million in round led by Kraken parent Payward

The app will face stiff competition in the prediction markets space, competing with dominant market leaders Kalshi and Polymarket.

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theblock.co2 mesi fa

Sports betting app Onyx Odds raises $20 million in round led by Kraken parent Payward

Onyx Odds raised $20M from Payward (Kraken's parent) at $220M valuation, entering a crowded prediction markets space where Kalshi and Polymarket dominate. CFTC regulatory clarity and endorsement by major exchanges (Kraken, Coinbase, Meta) validates prediction markets as a legitimate fintech/derivatives vertical.

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cryptobriefing.com2 mesi fa

Kraken parent Payward leads $20 million Series A in sports prediction app Onyx Odds

Onyx Odds raised $20 million led by Kraken parent Payward to expand its social sports prediction platform operating across more than 30 US states.

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mercoledì 24 giugno 2026·cryptobriefing.com
Kraken parent Payward leads $20 million Series A in sports prediction app Onyx Odds
Onyx Odds raised $20 million led by Kraken parent Payward to expand its social sports prediction platform operating across more than 30 US states.
mercoledì 24 giugno 2026·theblock.co
Sports betting app Onyx Odds raises $20 million in round led by Kraken parent Payward
The app will face stiff competition in the prediction markets space, competing with dominant market leaders Kalshi and Polymarket.