TBD Secures $3 Million Seed Funding for Solana-Based Prediction Market Protocol
Recently, TBD, a prediction market protocol built on Solana, announced the successful completion of its seed round with a total funding of $3 million.
The round was co-led by CMT Digital and ParaFi, with participation from top-tier investors including Jump Crypto, Sam Lessin of Slow Ventures, Raj Gokal co-founder of Solana, Mark Boiron CEO of Polygon Labs, and founders from Wintermute and dYdX.
Strong Backing from Industry Leaders
This investment marks a significant vote of confidence in TBD’s vision to develop a decentralized prediction platform. The protocol aims to offer users an efficient and transparent tool for forecasting market trends, advancing innovation in on-chain finance.
- CMT Digital and ParaFi led the investment round
- Notable blockchain figures participated in the funding
- Capital will be used to enhance protocol development and team expansion
Looking Ahead
TBD plans to use the funds to refine its platform architecture and explore additional use cases, delivering a more robust and seamless prediction market experience for users globally.