YZi Labs, the $10 billion venture firm backed by Binance co-founder Changpeng "CZ" Zhao, has announced a strategic follow-on investment in the crypto-native prediction market platform Predict.fun. The investment round also includes participation from Susquehanna Crypto, the digital asset trading arm of quantitative trading giant Susquehanna International Group (SIG).
The move signals growing institutional confidence in the on-chain prediction market sector. YZi Labs stated the investment reflects "strong conviction in the prediction market sector and the phenomenal growth of Predict.fun." The platform is a graduate of YZi Labs' EASY Residency Season 2 accelerator program, which was unveiled during Binance Blockchain Week.
Predict.fun has demonstrated explosive growth since its launch in December 2025. According to data from YZi Labs and third-party coverage, the platform has processed over 4 million orders and surpassed $1.8 billion in cumulative trading volume on the BNB Chain. Trust Wallet, which recently integrated the protocol, reported it has handled over $1.7 billion in volume across approximately 125,000 users and 3.7 million transactions.
The platform is built on BNB Chain and allows users to trade on outcomes for events like crypto prices, sports, politics, and macro events using USDT. A key feature is that user collateral is routed into DeFi yield-generating strategies while positions are open, turning predictions into a yield-earning asset. Market resolution is handled through a combination of AI-assisted proposals, human verification against reputable sources, and UMA's Optimistic Oracle.
This investment follows closely on the heels of Binance's announcement earlier this week that it is testing an in-app prediction market feature in partnership with Predict.fun. CZ has publicly expressed his belief that prediction markets are a major destination for crypto capital, specifically pointing to the upcoming FIFA World Cup as a catalyst for increased activity.
The involvement of Susquehanna Crypto, a leading global proprietary trading firm, adds significant institutional credibility as on-chain prediction markets aim to compete with centralized venues. YZi Labs has positioned Predict.fun as BNB Chain's "dominant prediction market" and a core beneficiary of its $1 billion Builder Fund for the ecosystem.
