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XO Market secures $6 million in seed round funding, launches user-built prediction markets and market-making treasury.

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PANews
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PANews April 30 news, according to CoinDesk, the prediction market platform XO Market has completed a $6 million seed round of financing, with investors including 20VC, Picus Capital, and Coinbase Ventures. The platform features a user-built market model, and since its mainnet launch, it has attracted over 30,000 users and more than 600 active markets, with a total trading volume exceeding $150 million. XO plans to launch the "XO Vaults" product, allowing users to jointly fund liquidity for the prediction markets according to strategy or category (such as sports, politics), targeting an annualized return of approximately 8% to 10%, and supporting passive market making participation similar to "copy trading."

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