TurboFlow, a Hong Kong-based on-chain trading platform integrating prediction markets and perpetual futures, has secured a $6 million seed round led by Pantera Capital, with participation from Susquehanna Crypto and Digital Currency Group. The funding, structured as a simple agreement for future tokens (SAFT), closed in March and was announced on June 22.
The platform aims to become the “Kalshi” of the Asia-Pacific region, targeting a market where event-based trading is still largely underserved. Founder Tony He, a former co-founder of Amber Group, highlighted the gap between Asian retail demand and institutional-grade liquidity. TurboFlow has already amassed over 15,000 beta users and more than $19 billion in cumulative trading volume, focusing on high-velocity, short-duration contracts with entry sizes starting at $2.
The round underscores broader industry trends: global prediction market volumes are expected to surpass $325 billion in 2026, while crypto perpetual futures trading reached $7.24 trillion in January alone. Pantera Capital managing partner Paul Veradittakit emphasized the vision of “more transparent and inclusive markets through blockchain.” TurboFlow plans to use the fresh capital for product development, liquidity infrastructure, and user growth, navigating a patchwork of regulations across APAC jurisdictions.
