Limitless has completed a successful funding round, raising $4 million from prominent crypto investors, reflecting the growing interest in prediction markets.
Overview of Funding
Limitless has completed a $4 million funding round led by top venture firms including Coinbase Ventures and Maelstrom. This investment will be used to enhance the Limitless prediction platform.
Arthur Hayes's Involvement
As part of this round, former BitMEX CEO Arthur Hayes has joined Limitless as an advisor. His industry experience adds credibility to the company's potential.
Impact on Prediction Market
The funding is expected to strengthen Limitless's position in the prediction market, potentially impacting the entire DeFi ecosystem. The platform plans to initiate a Token Generation Event and other programs to enhance liquidity.
Limitless's funding marks a significant step towards strengthening institutional interest in crypto technologies, emphasizing the potential of prediction markets.