Raven Completes $90 Million Pre-Money Valuation Strategic Financing with Participation from Coinbase Ventures
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Raven has completed a strategic financing round with a pre-money valuation of $90 million, with investors including Coinbase Ventures and CMCC Global. Founded in 2023, Raven initially focused on providing liquidity in crypto trading and plans to expand into prediction markets in the second quarter of 2025. Co-founder Petar Kostov stated that platforms with insufficient trading volume struggle to find liquidity partners, while those with high trading volumes often face liquidity shortages.
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