PANews, June 23 – According to The Block, TurboFlow, an on-chain trading platform offering prediction markets and perpetual contracts, has completed a $6 million seed funding round led by Pantera Capital, with participation from Susquehanna Crypto and Digital Currency Group. The round closed in March and was structured as a Simple Agreement for Future Equity with token warrants. Headquartered in Hong Kong, TurboFlow aims to become the "Kalshi of the Asia-Pacific region."

TurboFlow seeks to fill the gap in prediction markets across Asia through localization and regional presence. The platform has been operating in beta for over six months, with more than 15,000 registered users and cumulative trading volume exceeding $19 billion. TurboFlow currently has over 30 employees, with its core team based in Hong Kong, and plans to maintain lean operations. On the regulatory front, founder Tony He stated that the company is actively building a compliance framework.