Opinion raises $20M amid a weak market

Opinion, a blockchain-based prediction market platform, has raised $20 million in pre-Series A funding, reinforcing the idea that this segment continues to attract meaningful capital even as the broader crypto market remains subdued. The round was led by Hack VC and Jump Crypto, with participation from Primitive Ventures and Decasonic – a sign of sustained venture interest in niche areas of the industry.

The company operates fully on-chain prediction markets, where users trade contracts on the outcomes of future events. According to Opinion, it processes roughly one-third of global trading volume in the category and maintains open interest exceeding $130 million, making it one of the most active players in the rapidly expanding sector.

Management said the new capital will help expand the platform’s regional footprint and prepare for major global events in 2026 – including the World Cup and national elections – which are expected to meaningfully increase user activity. Opinion also plans to strengthen its infrastructure and scale its settlement mechanisms as demand for on-chain systems grows, emphasizing the importance of full transparency and secure outcome verification.

The raise comes as prediction markets gain momentum as a new class of digital assets and forecasting tools. Other major projects in the space, such as Polymarket and Kalshi, have secured substantial funding and reached high valuations, reflecting rising institutional and retail interest in markets tied to political, economic, and cultural outcomes.

Another trend shaping the sector is diversification. Beyond traditional sports betting and political events, prediction markets now offer contracts tied to macroeconomic indicators, cultural trends, and even developments within the digital asset industry. This broadening scope helps sustain engagement and attracts new audiences who see these markets not only as speculative tools but as a way to express expectations about future events.

The $20 million raise strengthens investor confidence in prediction markets despite overall crypto weakness and highlights the segment’s ability to grow independently of short-term digital asset volatility. For Opinion, it marks an opportunity to accelerate expansion, widen geographic reach, and solidify its position among the leading prediction market platforms – an increasingly influential component of the modern digital economy.