Coinbase-Backed Onchain Prediction Markets Startup Raises $15M in Seed Funding

Former Polymarket team members have launched The Clearing Company, a new venture focused on onchain prediction markets, securing $15 million in seed funding. The round was led by Union Square Ventures, with participation from Haun Ventures, Variant, Coinbase Ventures, and other notable investors. Co-founder Toni Gemayel emphasized the advantages of prediction markets in the digital age, particularly their ability to mitigate bias and improve decision-making. This development highlights the growing interest in decentralized prediction platforms and their potential to revolutionize financial markets. The involvement of Coinbase Ventures underscores the increasing convergence of traditional crypto exchanges and innovative blockchain-based financial tools.

Ex-Polymarket Team Launches Onchain Prediction Markets with $15M Seed Round

Former Polymarket team members have introduced The Clearing Company, a new venture focused on onchain prediction markets. The startup secured $15 million in seed funding led by Union Square Ventures, with participation from Haun Ventures, Variant, Coinbase Ventures, and others.

Co-founder Toni Gemayel highlighted the advantages of prediction markets in the digital age, noting their ability to mitigate bias and incentivize accuracy through financial stakes. The founding team includes industry veterans like Liam Kovatch and Nira Eyal, signaling DEEP expertise in the space.

The Clearing Company aims to build permissionless prediction markets that comply with regulatory standards while remaining accessible to retail users. Unlike platforms operating in gray areas, the startup emphasizes scalability through seamless trading experiences and novel liquidity structures.

Webull Expands Crypto Trading to Australia Following US Relaunch

Webull accelerates its international crypto push with an Australian launch, just days after resuming US digital asset trading. The platform now offers integrated cryptocurrency services across three markets—the United States, Brazil, and Australia—marking a strategic rebound from its two-year crypto hiatus.

Australian investors gain access to 240 cryptocurrencies through Webull's low-cost structure, featuring a competitive 30-basis-point spread. The expansion leverages Coinbase Prime's institutional-grade infrastructure, mirroring the successful Brazilian rollout earlier this year. CEO Rob Talevski positions the MOVE as empowering Australian traders with 'the freedom to trade what they want, when they want.'

Flexible account options including SMSFs and trust structures demonstrate Webull's tailored approach to Australia's investment landscape. This rapid geographic expansion signals growing retail demand for regulated crypto access points, with Webull emerging as a bridge between traditional and digital asset markets.

Ethereum-Based Soccer Game Football.fun Surges 10x as Crypto Meets Fantasy Sports

Football.fun, an emerging Ethereum-based fantasy sports platform, has seen explosive growth since its launch on Coinbase's Base network. The protocol's market capitalization for player shares skyrocketed from $6 million to over $65 million in just two weeks, capitalizing on the overlap between soccer fandom and crypto trading.

The platform allows users to trade tokenized shares of elite players like Kylian Mbappé and Lamine Yamal, with returns tied to real-world performance in top leagues including the Premier League and La Liga. This novel blend of collectible trading cards, fantasy sports mechanics, and cryptocurrency speculation appears to be resonating with both Web3 enthusiasts and traditional soccer fans.

While similar projects like Sorare have previously bridged soccer and blockchain through NFTs, Football.fun's rapid traction suggests growing appetite for decentralized sports investment vehicles. The timing coincides with the new European soccer season, though the platform's 10x growth indicates fundamentals beyond seasonal interest.

Dom Kwok Predicts XRP ETF Could Surpass BTC and ETH in Market Appeal

Dom Kwok, co-founder of Easya, asserts that Bitcoin (BTC), ethereum (ETH), and XRP dominate as the most liquid cryptocurrencies. Yet, he argues an XRP ETF could eclipse its peers in investor demand. The token's loyal holder base and consistent trading volumes position it as a prime candidate for ETF success.

XRP's affordability compared to BTC and ETH lowers entry barriers for retail investors, potentially driving unprecedented inflows. Coinbase data reinforces XRP's standing, ranking it among the top-traded assets alongside Bitcoin and Ethereum. Kwok emphasizes ETFs as a gateway for investors wary of direct crypto exposure.

Base Surges Into Top 3 for NFT Trading Volume, Outpacing Solana and Immutable

Coinbase’s Layer-2 blockchain Base has vaulted into the top tier of NFT marketplaces, securing third place globally in 30-day trading volume with a 70% surge to $47.67 million. The network now outpaces established competitors Solana and Immutable zkEVM, marking a significant shift in the NFT ecosystem.

Three collections—Get Based, DX Terminal, and Based Style—drove nearly half the platform's volume, generating $25 million combined. Beyond NFTs, Base demonstrates broader momentum, processing 27 million transactions and $16 billion in dApp volume over the past month.

Ethereum maintains its NFT dominance with $408 million in trading activity, led by blue-chip collections including CryptoPunks and Bored APE Yacht Club. Yet Base's rapid ascent suggests a redistribution of market share as Layer-2 solutions gain traction.

Jump Trading Alums Raise $20M for aPriori to Bring High-Frequency Trading Tools On-Chain

Former engineers from Jump Trading, Coinbase, and Citadel Securities have secured $20 million in fresh funding for aPriori, a trading infrastructure startup. The round, which brings total funding to $30 million, saw participation from HashKey Capital, Pantera Capital, and other notable investors.

aPriori is developing an execution layer for Ethereum Virtual Machine (EVM) networks, aiming to address crypto market inefficiencies like wide spreads and MEV leakage. The San Francisco-based firm leverages high-frequency trading techniques to segment order flow in real time and redistribute MEV to stakers.

With products like liquid-staking platform Swapr, aPriori seeks to enhance execution for traders and liquidity providers. Pantera Capital doubled down on its investment, citing the startup's unique ability to bridge traditional execution standards with decentralized finance.