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

According to The Block, TurboFlow, an on chain trading platform that provides predictive markets and perpetual contracts, has completed a $6 million seed round financing led by Pantera Capital, with participation from Susquehanna Crypto and Digital Currency Group. The round of financing was completed in March, structured as a simple agreement for future equity with token warrants. TurboFlow is headquartered in Hong Kong and aims to become the 'Kalshi of the Asia Pacific region'. TurboFlow aims to fill the gap in the prediction market in Asia through localization and regional presence. The platform has been operating a beta version for over six months, with over 15000 registered users and a cumulative transaction volume of over 19 billion US dollars.