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Live prediction market CRSHMARKET completes $3.5 million seed round financing

Live prediction market CRSHMARKET announced the completion of a $3.5 million seed round financing, led by 6th Man Ventures, with participation from Reciprocal Ventures, Lattice Fund, and Starting Line. The project stated that the funds will be used to build a live prediction market, allowing users to predict the outcomes of live content and settle within 60 seconds.

CRSHMARKET officially introduces its product supported by Monad, headquartered in New York, with co-founders including Evan Rama, Param Patel, and Lucas Pichette. The project previously disclosed that, approximately four months after launch, the trading volume exceeded $10 million, the number of users surpassed 50,000, and over 550,000 transactions had been processed, having also completed over $1 million in financing.