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The new prediction platform The Clearing, founded by former Polymarket and Kalshi employees, has completed a $15 million funding round led by USV.

The new prediction platform The Clearing, founded by former Polymarket and Kalshi employees, has completed a $15 million funding round led by USV.

BlockBeats2025/08/28 02:12
COMP-3.45%

BlockBeats News, August 28, according to The Block, the prediction market platform The Clearing Company, founded by former Polymarket and Kalshi employees, announced the completion of a $15 million seed round of financing. This round was led by Union Square Ventures, with participation from Haun Ventures, Variant, and a certain exchange.


The Clearing Company will compete with market leaders Polymarket and Kalshi. According to the company's website, Toni Gemayel, who previously served as Head of Growth at Polymarket and Kalshi, will serve as CEO of The Clearing Company. Other employees at this startup also include people who have previously worked at Polymarket.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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