Limitless Exchange Raises $10 Million Seed Round
Limitless Exchange, a fast-growing prediction market, announced it closed a million seed funding round. The investment was led by 1confirmation, with participation from major industry funds including Collider, F-Prime, DCG, Coinbase Ventures, Node Capital, and Arrington Capital.
The funding comes as the platform passes million in total trading volume, establishing it as the largest prediction market on the Base network.
Record Growth Before Token Event
The platform has shown aggressive growth, with trading volume increasing 25 times between August and September. By the middle of October, Limitless had already processed over million in notional trading volume. This figure surpassed the total volume for all of September in half the time.
This rapid growth points to the platform’s success in attracting both experienced crypto traders and casual users. The momentum follows strong demand for the company’s token.
In September, a Kaito Launchpad sale event generated over million in allocation requests for a modest million raise. This record oversubscription indicates significant market appetite ahead of the planned launch for the LMTS token.
Simplifying Crypto and Stock Trading
Limitless Exchange is designed to be the simplest tool for trading crypto and stocks in fast markets. Users can enter 30- or 60-minute markets quickly and benefit from instant resolutions. The platform is designed to trade without liquidation risks or hidden fees. This simple design positions it as an easy entry point for new users while still providing meaningful leverage opportunities for advanced traders.
The new capital will accelerate product development. Limitless plans to expand its market offerings to even shorter timeframes, including 15-minute, 10-minute, and 1-minute markets. The company will also use the funds to scale user acquisition efforts. Furthermore, the firm is exploring licensing options in relevant jurisdictions to support sustainable global growth.
“Prediction markets are going mainstream and transforming into a new multi-trillion dollar derivatives category. The future is Limitless,” said CJ Hetherington, CEO of Limitless Labs.
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