Levr Bet Secures $3M Funding Boost for Monad-Powered Leveraged Sports Betting, Backed by Blockchain Capital & Maven 11
Game on—Levr Bet just scored a $3 million Series A to turbocharge its leveraged sports betting platform built on Monad. Blockchain Capital and Maven 11 led the round, doubling down on crypto's unholy trinity: gambling, leverage, and 'disruption.'
Why it matters: Because Wall Street's boring old 2x margin accounts weren't risky enough. Now you can ape into parlays with borrowed crypto while pretending it's 'Web3 innovation.'
The pitch: Levr claims its Monad integration solves liquidity fragmentation—because nothing says 'efficient markets' like cross-chain leveraged bets on the Lakers missing the playoffs again.
Bottom line: In a world where meme coins and prediction markets already blur the line between investing and gambling, Levr's play might just be the most honest product in DeFi. Place your bets.
About LEVR Bet
Levr is the world’s first Leveraged Sports Book Exchange, integrating the best features of sports betting with on-chain perpetual trading, aimed at delivering an unmatched Decentralized Finance experience that is a first in both sectors. Levr is set to transform the sports betting landscape by introducing an unprecedented feature set of leveraged bets, improved odds, and in-game orderbook-based exchange.
Levr Bet has raised a total of $5.3 million since 2024, having previously closed a Pre-Seed funding round led by Third Earth Capital with backing from Big Brain, DeWhales Capital, FunFair Ventures, Chorus One, and others.
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Levr Bet is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
About Blockchain Capital
Blockchain Capital is a leading venture capital firm in the blockchain industry and an early pioneer in blockchain investing. The firm has invested in over 100+ companies, protocols, and tokens, with recent investments in Kaia, Drift, Yellow Card, and Bluesky. Founded in 2013, cementing them as one of the first fund managers in the space, BCAP has been actively involved in the blockchain ecosystem, providing not just capital but operational support to innovators building the foundations of the blockchain economy.
This press release contains expressions of opinion and forward-looking statements and is issued for informational purposes only, on an “as is” basis, without any express or implied warranty, fitness for purpose or merchantable quality. LEVR.bet is not available to Participants in the USA and any other jurisdiction where Laws prohibit participation in or require licensing or registration of Levr.bet in order for participation to take place or which is otherwise embargoed and/or sanctioned by the United States of America, the European Union or the United Kingdom, and is not available in any jurisdiction or to any person or group of persons which are prohibited under the Levr.bet Terms and Conditions and Policies. LEVR.bet shall not be liable for the consequences of user actions, loss of capital, or system errors. Gambling is inherently risky, and leverage poses risks compounded thereupon. You may lose some or all of the assets supplied to the platform, and shall use the platform responsibly and at your own risk.
