The Clearing Company is developing a new type of prediction market that it describes as onchain, permissionless and regulated. The startup is led by CEO Toni Gemayel, a former head of growth at Polymarket and Kalshi, and includes other staff who previously worked at Polymarket. The product will compete directly with incumbent prediction-market platforms such as Polymarket and Kalshi. The company has signaled early-market traction through fundraising, completing a $15 million seed round. The article notes wider industry interest—Coinbase has said it plans to expand into prediction markets—and cites Polymarket’s 286,000 active traders in July as context. The announcement does not disclose The Clearing Company’s revenue or user metrics.

Total raised

$15M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2025