Coinbase Ventures and CMCC Global back trading firm Raven at $90 million valuation
Coinbase Ventures and CMCC Global have closed a strategic funding round in Raven at a $90 million pre-money valuation as the market maker provides liquidity across prediction platforms.
Coinbase Ventures and CMCC Global have closed a strategic funding round with trading firm Raven, CNBC reported. The investment establishes a $90 million pre-money valuation for the company.[2][3][1]
Raven operates as a crypto market maker that expanded into prediction markets starting in 2025. The firm supplies liquidity on major prediction market venues, including Kalshi and Polymarket, and has quoted more than 3,000 contracts to date.[3][4]
According to Crypto Briefing, the funding round highlights the growing strategic importance of liquidity in crypto prediction markets, an area influencing both crypto and traditional finance.[1]
Key facts
- Coinbase Ventures and CMCC Global closed a strategic funding round with trading firm Raven.
- The strategic funding round values Raven at a $90 million pre-money valuation.
- Raven is a crypto market maker that expanded into prediction markets in 2025.
- Raven provides liquidity on prediction market platforms, including Kalshi and Polymarket.
- Raven has quoted more than 3,000 contracts.
Sources · 4 sources
- CB
Crypto BriefingArticle ·
Raven secures Coinbase Ventures, CMCC backing at $90M pre-money valuation Raven's funding boost highlights the growing strategic importance of liquidity in crypto prediction markets, impacting both crypto and traditional finance. The post Raven secures Coinbase Ventures, CMCC backing at $90M pre-money valuation appeared first on Crypto Briefing .
Open source - CN
CNBC@CNBCPost on X ·
Coinbase Ventures and CMCC Global close strategic funding round with trading firm Raven https://t.co/ocWkFgZoVf
Open source - TB
The Block@TheBlockCoPost on X ·
NEW: Coinbase Ventures and CMCC Global closed a strategic funding round with trading firm Raven at a $90 million pre-money valuation, CNBC reports. Raven provides liquidity on prediction market platforms, including Kalshi and Polymarket, and has quoted more than 3,000 contracts. https://t.co/jbqTCxJWBV
Open source - CB
Crypto Briefing@Crypto_BriefingPost on X ·
💥 NEW: Coinbase Ventures and CMCC Global have invested in Raven, a crypto market maker that has expanded into prediction markets since 2025. https://t.co/2iRhrgUTNR
Open source