# Pred Raises $2.5M to Bring Exchange-Speed Trading to Sports Prediction

> Pred raises $2.5M to build an exchange-speed sports prediction platform, bringing transparent order books, sub-2% spreads, and onchain settlement to a $500B global market.

By Lidia Yadlos · February 17, 2026

Canonical: https://blockster.com/pred-raises-25m-to-bring-exchange-speed-trading-to-sports-prediction

_Sports prediction is one of the largest markets in the world — and one of the least modern. Pred is betting that traders are ready for something closer to a financial exchange than a traditional sportsbook._

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[Pred](https://www.pred.app/login) announced a **$2.5 million funding round** led by Accel, with participation from BEF by Coinbase Ventures and Reverie, to build an exchange-grade sports prediction platform on Base, Coinbase’s Layer-2 network, focused on speed, liquidity, and real price discovery.

- ~200ms execution
- Spreads under 2%
- Transparent, onchain order books
- Market-driven pricing with peer-to-peer settlement

The design targets traders who approach sports the same way they approach financial markets — with models, discipline, and risk management — rather than fixed odds set by a house.

[Post from @predofficial on X](https://twitter.com/predofficial/status/2023769936536236349?s=20)

As Accel partner Prayank Swaroop explains, the opportunity isn’t just incremental:

> “Prediction markets have proven their value for episodic events, but sports represent an entirely different scale of opportunity — continuous, global, and deeply liquid. Pred is building purpose-built infrastructure for this market rather than retrofitting general-purpose tools.”

## Why Sports Prediction Is Different

Most prediction markets to date have focused on one-off events like elections or macro outcomes. Sports, by contrast, operate nonstop — across leagues, geographies, and time zones — creating a natural environment for high-frequency strategies and active trading.

Yet despite sports betting being a **$500B global industry**, the majority of volume still flows through house-controlled sportsbooks that set prices internally and manage risk by limiting or banning winning users.

[Post from @predofficial on X](https://twitter.com/predofficial/status/2022333118938829094)

Pred flips that model. Instead of a house setting odds, traders interact directly with each other. Prices emerge from real supply and demand, reflecting collective market sentiment rather than fixed lines. There’s no house edge — and no penalty for being consistently profitable.

> “Sports prediction is a $500B global industry still running on infrastructure that punishes winners,” said Amit Mahensaria, CEO and Co-Founder of Pred. “We built Pred to change that — a decentralized exchange where speed, transparency, and skill are rewarded, not penalized.”

## What Comes Next

With the new funding, [Pred](https://www.pred.app/login) plans to:

- Hire across trading, engineering, and sports market expertise
- Expand liquidity through institutional and professional trading partners
- Scale user onboarding to support a high-velocity global exchange

The goal is to establish Pred as a global venue for trading sports outcomes, shifting the model from betting against a house to trading directly against the market.