Fortune Protocol Secures Over $4 Million
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Fortune Protocol has secured over $4 million (approximately 560 million KRW) through multiple rounds of investment. This funding is aimed at expanding AI-based predictive derivatives and liquidity infrastructure for prediction markets. According to Foresight News, Fortune announced on the 21st at 5:25 PM (Korean time) that it raised more than $4 million across several rounds. Investors included TBV, Cogitant Ventures, X21 Digital, CGV FoF, K24 Ventures, Landscape Capital, MH Ventures, MapleBlock Blockchain, New Tribe Capital, Basics Capital, and Everwood Capital, with NOX Ventures providing strategic support. The funds will be used to enhance Fortune's AI agent technology, integrate and expand prediction market liquidity, and build an ecosystem. Fortune aims to gather liquidity from various prediction markets to help users trade predictive assets at a single point of contact. This announcement summarizes the cumulative amount of previous investment rounds, with Fortune revealing plans to expand AI agents and prediction market liquidity infrastructure through its pre-A round fundraising. Dealroom reported on August 4 that Fortune completed its pre-A round, while The Block reported in May that several investors participated in Fortune's seed round. Prediction markets are platforms where trades occur based on the outcomes of specific events, and Fortune plans to combine AI agents to provide market analysis, explore trading opportunities, and execute strategies.
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