The encryption prediction platform Yeet announced the completion of a $7.75 million financing round, led by Dragonfly.

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According to Deep Tide TechFlow news on March 19, Decrypt reported that the encryption prediction platform Yeet has completed a financing of $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 well-known figures in the cryptocurrency field Michael Anderson (Mando), anonymous trader Keyboard Monkey, and professional poker player Ben Lamb, focusing on "prediction markets for crypto users", targeting high-risk tolerant crypto-native groups.

According to reports, under relevant regulations, US residents will not be able to use the platform, and Yeet will mainly focus on markets in Asia, Latin America, Canada, Africa, and parts of Europe.

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