Prediction Market Platform Opinion Raises $20M in Funding Amid Crypto Downturn

Despite a challenging period for the broader cryptocurrency market, the prediction market sector is attracting significant investment. Opinion, a decentralized prediction market platform, has successfully secured $20 million in a Series A funding round. This substantial capital influx highlights continued investor confidence in blockchain-based forecasting tools, even during market weakness. The funding round was led by notable venture capital firms, underscoring the long-term belief in the potential of prediction markets to reshape how information and event outcomes are valued. The new capital is earmarked for platform development, team expansion, and accelerating the growth of its decentralized application (dApp). This investment signals that venture capital remains active in targeted crypto niches, focusing on fundamental utility and innovation rather than short-term market sentiment.