BSC-based prediction market Opinion raises $20M; posts top-sector volumes, $120M TVL and strong revenue as CFTC withdraws ban proposal for political/sports markets

Opinion, a prediction marketplace launched in 2025 on BNB Smart Chain by Forrest Liu, raised $20M in a pre-Series A led by Hack VC, Jump Crypto and Primitive Ventures. The platform—previously backed by a $5M seed—plans APAC expansion and global scaling ahead of elections and the 2026 World Cup. Since its October launch Opinion reached third by trading volume among prediction markets, trading over $653M in the past week (~20% of global prediction market volume), holds about $120M TVL (second to Polymarket), nearly $20B cumulative volume and ~185,000 users. It reported annualized $66M in revenue and a January monthly record of $6.14M. The piece also notes a separate rally in the token of Base-based prediction market Limitless (~+260%).
AI Analysis
Fundraising of $20M led by institutional crypto investors, high recent trading volume (>$653M last week, ~20% of global prediction market volume), $120M TVL (second to Polymarket), ~185k users, nearly $20B cumulative volume, and strong revenue figures (annualized $66M, Jan $6.14M) indicate substantive growth and adoption for Opinion.