TechFlow News, June 23: According to The Block, TurboFlow, a Hong Kong-based on-chain trading platform, has secured $6 million in seed funding. Pantera Capital led the round, with participation from Susquehanna Crypto and Digital Currency Group. The platform offers prediction markets and perpetual contract trading, positioning itself as a localized platform for Asian users—aiming to bridge the gap between underdeveloped regional markets in the Asia-Pacific and institutional-grade liquidity provision.
TurboFlow stated that its beta version has been operational for over six months, attracting more than 15,000 registered testers and generating over $19 billion in cumulative trading volume. The company noted it is currently evaluating compliance pathways across various jurisdictions and plans to compete based on liquidity, pricing, service quality, and infrastructure capabilities.
