Pantera leads the investment; Amber’s co-founder went solo—Hong Kong’s compliance benefits in this wave are clearly well understood and well exploited.

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Pantera Capital leads Hong Kong on-chain trading platform TurboFlow with $6 million seed round
Hong Kong on-chain trading platform TurboFlow completes a $6 million seed round, led by Pantera Capital, with Susquehanna Crypto and DCG participating. It uses a SAFE (Simple Agreement for Future Tokens) token warrant structure, and the valuation is not disclosed. TurboFlow provides prediction markets and perpetual futures. Founder Tony He previously served as a co-founder partner at Amber Group. In beta for over 6 months, with more than 15,000 registered users and cumulative trading volume exceeding $19 billion, the team is about 30 people, with most core members based in Hong Kong.
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