Coinbase Ventures and CMCC Global fund Raven at $90M valuation
Raven closed a funding round at a $90 million pre-money valuation with Coinbase Ventures and CMCC Global joining the strategic round. The company said it is expanding its prediction-market liquidity business across more than 3,000 contracts, while one report also described Raven as a market maker across major centralized and decentralized exchanges.
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Users and counterparties in prediction markets now see Raven with fresh backing and a larger stated contract footprint, which places more attention on liquidity provision in this part of the market. The update also reaches beyond crypto-native venues because Raven is already described as operating across major centralized and decentralized exchanges.
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