Prediction market platform Fireplace has raised $1.5 million in pre-seed funding, led by Frachtis.

PANews reported on February 24th that Fireplace, a professional prediction market trading platform, has completed a $1.5 million pre-seed funding round, led by Frachtis, with participation from several VCs and angel investors including White Star Capital. The funds will be used to build a cross-platform prediction market trading infrastructure for institutions, including cross-scenario aggregation, intelligent order routing, real-time data, institutional-grade execution, charting tools, and features such as wallets, whale tracking, and "insider" tracking.

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