Crypto
Prediction market Onyx Odds raises $20 million, valued at $220 million
Onyx Odds, a prediction market app that lets users bet on sports results, raised $20 million in a Series A round led by Payward, the parent of crypto exchange Kraken. The company was valued at $220 million in the funding. As part of the investment, Onyx Odds will link with Payward Services, a B2B infrastructure platform that supports Kraken and Payward’s product suite. Crypto trading functions are also set to be integrated into the Onyx app.