On-chain trading platform TurboFlow completes $6 million seed round led by Pantera Capital

According to The Block, the on-chain trading platform TurboFlow, which offers prediction markets and perpetual contracts, has completed a $6 million seed funding round led by Pantera Capital, with participation from Susquehanna Crypto and Digital Currency Group. This funding round was completed in March and was structured as a Simple Agreement for Future Equity (SAFE) with token warrants. TurboFlow, headquartered in Hong Kong, aims to become the "Kalshi of the Asia-Pacific region." TurboFlow seeks to fill the gap for prediction markets in Asia through localization and regional presence. The platform has been operating its beta version for over six months, has more than 15,000 registered users, and total trading volume has exceeded $19 billion.