Coinbase Ventures and CMCC Global close strategic funding round with trading firm Raven
Why now
Thesis: Crypto VC activity, small but directionally positive
Catalyst to watch: Prediction market volume growth and regulation
Main risk: Prediction markets face regulatory uncertainty
Why it matters
Coinbase Ventures backing an institutional prediction-market maker signals continued crypto venture activity and market-structure buildout.
Details
Raven is an institutional market-maker for prediction markets, generating constant buy and sell orders on contracts.
Sources
- cnbc · 2026-09-29 13:05 UTC