TechFlow reported on March 19 that, according to Decrypt, crypto prediction platform Yeet has raised $7.75 million in funding led by Dragonfly, with angel investors including Pudgy Penguins CEO Luca Netz and LayerZero CEO Bryan Pellegrino.
Yeet was co-founded by Michael Anderson (Mando), a well-known figure in the cryptocurrency space, anonymous trader Keyboard Monkey, and professional poker player Ben Lamb. The platform focuses on "prediction markets for crypto users," targeting risk-tolerant, crypto-native audiences.
Due to regulatory requirements, U.S. residents will not be able to use the platform. Yeet will primarily focus on markets in Asia, Latin America, Canada, Africa, and parts of Europe.
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