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Just caught wind of Myriad closing its seed round with some seriously solid backers. Tom Lee from Fundstrat is in, along with MoonPay Ventures, Auros, and a few other heavy hitters. That's the kind of investor lineup that suggests real confidence in what they're building.
What's interesting is the timing here. Myriad dropped Season 3 right around this funding close, and they're making some legit technical moves. They migrated everything over to BNB Chain and completely revamped their liquidity infrastructure. We're talking moving from your standard AMM setup to a full central limit order book model. That's a meaningful upgrade for a prediction market platform.
The new features they're rolling out hit different too - slippage control, limit orders, dynamic fees. These are the kinds of tools that traders actually care about when they're placing bets on outcomes. Not just fluff additions.
Notable angels in the round include Blondish (heavy in the NFT space) and Luca Netz from Pudgy Penguins, which tells you Myriad's already got some cultural credibility beyond just the institutional money. Early indicator that the platform might be catching real traction in communities that actually matter.
Worth keeping an eye on how Myriad executes on these upgrades. The prediction market space is heating up, and platforms that nail the technical foundation early usually have the edge.