Raven, a trading firm founded in 2023, secured strategic funding from Coinbase Ventures and CMCC Global at a $90 million pre-money valuation. Originally focused on providing liquidity in crypto trading, Raven has expanded into prediction markets, offering liquidity across various contracts including sports, crypto, macroeconomics, and entertainment. The firm supports platforms like Kalshi and Polymarket and plays a key role in market making by providing constant buy and sell orders to ensure liquidity. With new board member Charlie Morris from CMCC, Raven aims to grow further among institutional clients and expand its market presence.
Coinbase Global, Inc. (COIN) trades at USD 196.37 on Pluang as of Sep 29, 2026 20:02 WIB, showing a 1-day increase of 2.39%. The article highlights Coinbase Ventures' strategic funding in Raven, a trading firm expanding its market presence. On Pluang, COIN's market cap stands at $50.60 billion with a balanced order activity of 52% Sell and 48% Buy, indicating steady investor interest.
Coinbase Global is viewed as a strong investment opportunity due to the rebound in cryptocurrency markets and the early stage of its business model development. The failure of the Clarity Act removes immediate regulatory threats, allowing Coinbase to...
Coinbase CEO Brian Armstrong identified July 1, 2026, as Bitcoin's cycle bottom at $57,718, noting typical downturns last about 12 months. Since then, Bitcoin has risen to over $84,000, supported by strong inflows and approaching the 2028 halving, wh...
