Prediction market Kash completes $2 million Pre-Seed funding round, with participation from Coinbase Ventures and others.

PANews reported on February 25 that, according to GlobeNewswire, social-native prediction market platform Kash announced the completion of a $2 million Pre-Seed funding round, with participation from Big Brain Holdings, Spartan Group, Coinbase Ventures, Kosmos Ventures, Halo Capital, MoonRock Capital, Polaris Fund, and Fabric VC.

Kash aims to embed prediction markets directly into social media, initially supporting the X platform. Users can interact with @kash_bot to transform daily blog posts into tradable markets for real-time events, thus financializing their opinions. Kash utilizes mechanisms such as transparent on-chain settlement, dynamic multipliers, and ranking lists to allow users to express their stances on topics such as elections, macroeconomics, and sports without needing to switch to an external app, pricing the truth through market mechanisms.