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TurboFlow raises 6 million for Asia expansion

2026-06-23 00:11

TurboFlow, an onchain trading platform focused on prediction markets and perpetual futures, has secured $6 million in seed funding led by Pantera Capital. Susquehanna Crypto and Digital Currency Group joined the round, which was completed under a simple agreement for future equity with token warrants.

The Hong Kong-based company said the funding will be used to expand across Asia-Pacific markets, where it aims to position itself as a regional alternative to Western platforms.

Platform growth and product positioning

TurboFlow has been operating in beta for more than six months, reporting over 15,000 registered users and $19 billion in trading volume. The platform enables trades starting from $2 and is designed for rapid settlement and short-duration contracts.

The company describes its offering as “high-velocity event trading,” combining prediction markets with perpetual futures in a single system. This structure allows traders to engage with both event-driven outcomes and broader market price movements within one platform.

Backing reflects broader shift toward Asia

The funding highlights growing interest from established financial firms in specialized onchain trading platforms, particularly those targeting Asia-Pacific. The region has seen strong expansion in blockchain activity, with transaction volumes rising 69% year-on-year as of mid-2025.

Pantera Capital’s ŃƒŃ‡Đ°ŃŃ‚ĐžĐ” follows its continued focus on the region, including a recent investment in a South Korean blockchain firm. The participation of Susquehanna Crypto also adds strategic weight, given its role in providing liquidity infrastructure.

Market opportunity across derivatives and prediction trading

TurboFlow is entering a large and competitive market. Perpetual futures trading on centralized exchanges reached about $86 trillion in 2025, while prediction markets have surpassed $20 billion in monthly trading volume in early 2026.

By combining these segments, the platform is targeting a niche that overlaps high-frequency derivatives trading with event-based speculation, an area that continues to gain traction among traders.

Regulatory strategy and operational model

Founder He, a former partner at Amber Group, said the company is reviewing compliance requirements across different Asian jurisdictions, where rules for prediction markets vary significantly.

TurboFlow employs more than 30 staff, primarily in Hong Kong, and is maintaining a lean operating structure as it scales. Its location in Hong Kong may offer an advantage as the city strengthens its regulatory framework for digital assets, aiming to attract more institutional participation.

Partnerships with firms such as Susquehanna Crypto are expected to support liquidity and improve execution quality, which remain critical factors for the platform’s growth and reliability.


Explore Asia-focused prediction markets firsthand with Toobit’s event contracts trading challenge and sharpen your onchain trading strategies.

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