{"id":44519,"date":"2025-08-28T09:01:35","date_gmt":"2025-08-28T09:01:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=44519"},"modified":"2025-08-28T09:01:35","modified_gmt":"2025-08-28T09:01:35","slug":"polymarkets-new-rival-coinbase-backed-startup-bags-15-million-in-seed-funding-for-blockchain-based-prediction-platform","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=44519","title":{"rendered":"Polymarket&#8217;s New Rival? Coinbase-Backed Startup Bags $15 Million In Seed Funding For Blockchain-Based Prediction Platform"},"content":{"rendered":"<div>\n<p>A former <strong>Polymarket<\/strong> executive disclosed on Wednesday a $15 million seed funding round for a new venture named <strong>The Clearing Company<\/strong>, which aims to compete in the prediction market space.<\/p>\n<h2 class=\"wp-block-heading\">\u2018On-chain, Permissionless And Regulated\u2019<\/h2>\n<p><strong>Toni Gemayel,<\/strong> who previously served as Head of Growth for both Polymarket and <strong>Kalshi<\/strong>, said that the round was led by leading venture capital firm <strong>Union Square Ventures<\/strong>, with participation from <strong>Haun Ventures<\/strong>,\u00a0<strong>Variant<\/strong>, <strong>Coinbase Ventures<\/strong>, the investment arm of <strong>Coinbase Global Inc.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/COIN#NASDAQ\">COIN<\/a>) and other angel investors.<\/p>\n<p>\u201cWe&#8217;re building the first on-chain, permissionless *and* regulated prediction market,\u201d Gemayel said<\/p>\n<p>The startup\u2019s core team is packed with former employees of Polymarket, presently the most popular blockchain-based prediction market &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/25\/08\/47378142\/polymarkets-new-rival-coinbase-backed-startup-bags-15-million-in-seed-funding-for-blockchain-based-predict\" alt=\"Polymarket's\" new rival coinbase-backed startup bags million in seed funding for blockchain-based prediction platform>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A former Polymarket executive disclosed on Wednesday a $15 million seed funding round for a new venture named The Clearing Company, which aims to compete in the prediction market space. \u2018On-chain, Permissionless And Regulated\u2019 Toni Gemayel, who previously served as Head of Growth for both Polymarket and Kalshi, said that the round was led by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-44519","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/44519","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44519"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/44519\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44519"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}