TurboFlow raises $6 million seed led by Pantera Capital for Asia-Pacific prediction markets
TurboFlow, a Hong Kong-based platform offering prediction markets and perpetual futures, raised a $6 million seed round led by Pantera Capital. The startup aims to serve as a localized alternative to Kalshi and Polymarket for users in the Asia-Pacific region. TurboFlow is building trading infrastructure to support short-duration event contracts and rapid capital efficiency, with a focus on lowering minimums to broaden participation. The funding will support expansion of its prediction markets and perpetual futures business in Asia. TurboFlow emerges as new entrants compete to capture regional market share in regulated event contracts.
TurboFlow must now prove it can localize the event-contract model for Asia-Pacific users before Kalshi or Polymarket expand into the region. Pantera's backing gives it runway, but neither CFTC registration nor a clear regulatory path in target Asian markets is yet established.