TurboFlow Raises $6 Million Seed Funding to Become the 'Kalshi of APAC'
Hong Kong-based TurboFlow, an onchain trading platform offering prediction markets and perpetual futures, has raised $6 million in seed funding.
The round was led by Pantera Capital, with participation from Susquehanna Crypto and Digital Currency Group. The funding closed in March 2026.
Funding Round Details
TurboFlow’s seed round was structured as a SAFE (Simple Agreement for Future Equity) with token warrants. The company did not disclose its valuation.
Founder Tony He, former co-founder and partner at Amber Group, confirmed the details. The company aims to become the leading prediction market platform in the Asia-Pacific region.
A Localized Alternative for Asian Users
TurboFlow is positioning itself as the “Kalshi of APAC”. While platforms like Kalshi and Polymarket have seen strong growth in Western markets, prediction markets remain underdeveloped in Asia.
The company plans to bridge this gap by offering localized products, better liquidity, and services tailored to Asian users and institutions.
“We see a large unfilled gap between Asian users and proper institutional-grade liquidity,” said Tony He.
Strong Beta Performance
TurboFlow has been running its beta version for over six months. The platform has already attracted more than 15,000 registered users and processed over $19 billion in trading volume.
Prediction markets have emerged as the fastest-growing segment, even though perpetual futures (perps) remain popular among crypto traders.
Key Features and Strategy
The platform focuses on high-velocity event trading, allowing users to start with small positions as low as $2. It offers fast settlement for short-duration contracts and a user-friendly interface.
TurboFlow plans to build liquidity through strong market-making relationships and its team’s deep experience in Asian user acquisition. The company currently employs over 30 people, mostly in Hong Kong, and intends to stay lean while scaling.
Regulatory Approach
TurboFlow is taking a market-by-market compliance approach across APAC, where regulations for prediction markets are still evolving. The team is working with advisors to build a fully compliant operation.
