Published on: February 4, 2026, 09:49h.
Updated on: February 4, 2026, 09:49h.
- Company secured $20 million in a pre-Series A investment round
- The platform is unavailable in the US…
- …But ranks as one of the largest prediction markets globally
Opinion Labs, the entity behind Opinion.Trade prediction, has successfully raised $20 million from various investors during its pre-Series A funding round.
Investors such as Decasonic, Hack VC, Jump Crypto, and Primitive Ventures participated in this financing round, coinciding with recent funding activities in the prediction markets sector. Similar to its competitor Polymarket, Opinion utilizes on-chain event contract settlements, specifically leveraging the BNB Chain. This contrasts with the centralized settlement methods used by Kalshi.
While the specific valuation of Opinion remains undisclosed, it’s evident that venture capitalists are eager to invest in prediction market platforms. Investors might find Opinion attractive as it is still in the pre-Series A stage, which allows them to invest smaller amounts compared to larger firms like Kalshi and Polymarket that require hundreds of millions or even billions for entry.
As of last November, both Kalshi and Polymarket were valued at over $10 billion. News suggests that Kalshi’s valuation has reached $11 billion, with rumors that Polymarket is negotiating a new funding round that might elevate its valuation to at least $12 billion, with some projections as high as $15 billion.
Opinion Is Making Waves
Opinion stands as one of the largest prediction market companies that many Americans are unaware of, primarily due to its unavailability in the U.S. and prohibition in China.
In other words, the firm’s achievements are noteworthy considering its offerings are inaccessible to traders in the two largest economies globally. Indeed, Opinion has carved a niche within the international prediction markets landscape. Recent statistics reveal that the company commands over 50% of global event contract fees and one-third of the total volume, positioning it as a formidable competitor to both Kalshi and Polymarket.
Such metrics could incentivize professional investors to assess Opinion even amid declines in cryptocurrency values. This funding round marks Opinion’s second, following a previous $5 million raised from YZi Labs, Animoca Ventures, and other investors.
In the past week, Opinion ranked third in trading volume, trailing only Kalshi and Polymarket, with Dune Analytics reporting over 185,000 customers utilizing the platform.
Opinion Sets Itself Apart from Competitors
Although it offers a variety of sports event contracts, Opinion differentiates itself from competitors like Kalshi and Robinhood by steering clear of single-game derivatives and parlays.
Instead, the company emphasizes event contracts that pertain to cryptocurrency prices, macroeconomic developments, political events, pop culture, and token-generating events (TGEs), among other sectors. Notably, a minority of their newest contracts are sport-related.
In regards to TGEs, Polymarket traders are anticipating that Opinion will soon launch a native token designated as “OPN,” with expectations that this will occur by the end of March.