POPA ReconOnyx Odds Raises $20M Series A at $220M Valuation
Onyx Odds Raises $20M Series A at $220M Valuation Onyx Odds has raised a $20 million Series A round led by Payward, the parent company behind Kraken, NinjaTrader, and Bitnomial. The round values the sports prediction platform at $220 million, less than a year after it exited beta. Founded in 2025, Onyx Odds lets users trade on sports outcomes through exchange-traded instruments. The company says it has already built a large and engaged user base, with nearly 1 million users and strong retention metrics. As part of the deal, Onyx will integrate with Payward Services to power its prediction…
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