TurboFlow Completes $6M Seed Round Led by Pantera Capital

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TurboFlow, a Hong Kong-based on-chain trading platform, has raised $6 million in seed funding led by Pantera Capital, with Susquehanna Crypto and Digital Currency Group also participating. The round, which began this year and closed in March, utilized a SAFE plus token warrant structure. The funding announcement underscores rising interest in on-chain innovation. Tony He, founder and former co-founder of Amber Group, aims to position TurboFlow as the “Kalshi” of the Asia-Pacific region. The testnet has been live for six months, with over 15,000 users and trading volume exceeding $19 billion.

Huoxing Finance reports that on June 23, TurboFlow, an on-chain trading platform offering prediction markets and perpetual futures, completed a $6 million seed round led by Pantera Capital, with participation from Susquehanna Crypto and Digital Currency Group. Tony He, founder of TurboFlow, stated that the financing round was initiated earlier this year and closed in March, structured as a SAFE plus token warrants, with the valuation undisclosed. Tony He is a former co-founder and partner at Amber Group. Headquartered in Hong Kong, TurboFlow aims to become Asia-Pacific’s “Kalshi.” He noted that prediction markets have seen significant adoption in Western markets through platforms like Kalshi and Polymarket, but remain underdeveloped in Asia; TurboFlow seeks to fill this gap through localization and stronger regional presence. TurboFlow reported that its beta has been live for over six months, with more than 15,000 registered test users and a cumulative trading volume exceeding $19 billion.

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