Odaily News According to official news, the crypto prediction platform Yeet announced a $7.75 million seed round of financing completed last summer. The financing was led by Dragonfly, with participation from Primitive Ventures and Mirana Ventures. In addition, angel investors such as Pudgy Penguins CEO Luca Netz, LayerZero CEO Bryan Pellegrino, and LambdaClass also participated.
It is reported that Yeet was co-founded by Michael Anderson (alias Mando), a well-known figure in the encryption field, anonymous trader Keyboard Monkey and professional poker player Ben Lamb. It focuses on "prediction market for encryption users" and its target users are encryption native groups with high risk preferences.