Coinbase Ventures and CMCC Global complete a strategic funding round with Raven, a trading firm focused on prediction markets. Seeking Alpha reports the round totals about $90 million, framing the investment as supporting Raven’s push in prediction-market trading.
CNBC describes Raven as an institutional market-maker that generates continuous buy and sell orders for prediction-market contracts. Across the coverage, the core emphasis is on Raven’s role in providing liquidity and trading activity for these markets, alongside the participation of Coinbase Ventures and CMCC Global as backers. While details beyond Raven’s market-making function and the size of the round appear limited in the excerpts provided, both outlets present the deal as part of ongoing efforts to scale prediction-market infrastructure through professional trading operations.
