Coinbase Ventures Leads Strategic Funding Round for Trading Firm Raven

Key Facts

1Trading firm Raven closed a strategic funding round led by Coinbase Ventures and CMCC Global.

2Founded in 2023, Raven has expanded into prediction markets and provides liquidity across various contracts.

Trading firm Raven closed a strategic funding round led by Coinbase Ventures and CMCC Global. Reuters reported that the company, founded in 2023, intends to use the capital to support its expansion from crypto liquidity provision into broader prediction markets covering sports, macroeconomics, and entertainment.

The move follows Raven's recent expansion into prediction markets where it provides liquidity across various contracts. Regarding related instruments, COIN closed at $191.79 on September 28, 2026, having reached a session high of $198.78 and a low of $191.1 during that day's trading.