TechFlow news — PredX announced in February this year that it had closed its Pre-seed round, led by Penrose Tech with participation from Mulana Ventures. PredX is currently raising a seed round at a $20 million valuation. The funds will be used to train AI tailored for prediction markets and to build a global community.
PredX, incubated by the SEI blockchain, is a prediction market platform where users can trade their views on trending events. All transactions are recorded on the blockchain, ensuring security and auditability. As SEI has no central ledger, PredX—grown within the SEI ecosystem—offers a more democratic solution compared to traditional Web2 markets. With AI integration, PredX will recommend trending events based on user preferences, enhancing user engagement and retention.
