PRED is building a sports prediction trading venue on Coinbase’s Layer-2 network Base, aiming to bring financial-exchange-grade performance to the sports wagering sector. The company claims an execution latency of just 200 ms, positioning the product closer to traditional capital market standards than typical sports betting sites. Currently the platform is in a closed internal test phase with an invite-only sign-up process, indicating that public launch is still forthcoming. By leveraging Base, PRED seeks to combine on-chain settlement with rapid off-chain order matching, targeting users who demand speed, transparency, and low fees. Future plans implied by the technical design include scaling to handle high-frequency trading volumes and possibly expanding to additional prediction markets beyond sports. The company has not yet disclosed user numbers, revenues, or other operating metrics, and it remains pre-launch. The newly secured seed financing will fund continued product development, infrastructure hardening, and broader beta rollout.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Feb 2026