Raven Raises Strategic Funding from Coinbase Ventures and CMCC Global
Raven has completed a strategic funding round with participation from Coinbase Ventures and CMCC Global, reaching a pre-money valuation of $90 million. Established in 2023 as a high-frequency market maker, the firm expanded into prediction markets in Q2 2025, providing services to platforms like Kalshi and Polymarket. Raven has provided liquidity for over 3,000 contracts across sports, crypto, and macro sectors. CMCC co-founder Charlie Morris will join the board.
Summaries are written by AI from the original article. Not investment advice.