PANews reported on March 19 that according to Decrypt, the crypto prediction platform Yeet completed a financing of US$7.75 million, led by Dragonfly, with participation from angel investors such as Pudgy Penguins CEO Luca Netz and LayerZero CEO Bryan Pellegrino.

According to reports, Yeet was co-founded by Michael Anderson (alias Mando), a well-known figure in the crypto field, anonymous trader Keyboard Monkey and professional poker player Ben Lamb. It focuses on the "prediction market for crypto users" and targets crypto-native groups with high-risk preferences.