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Data compiled by Woofun AI shows that TurboFlow, an on-chain trading platform specializing in prediction markets and perpetual futures, has closed a $6 million seed financing round. The investment was spearheaded by Pantera Capital, with additional capital provided by Susquehanna Crypto and Digital Currency Group. The funding structure utilizes a SAFE agreement with token subscription rights, though the specific valuation remains undisclosed. Founder Tony He, formerly a co-founder and partner at Amber Group, confirmed that the fundraising process commenced earlier this year and concluded in March.
Headquartered in Hong Kong, TurboFlow positions itself as the 'Kalshi of the Asia-Pacific region,' aiming to address the regional deficit in prediction market adoption compared to Western platforms like Kalshi and Polymarket. The company emphasizes localization and regional presence as key differentiators. Operational metrics from its beta phase, which has been active for over six months, reveal more than 15,000 registered test users and cumulative trading volume exceeding $19 billion.