Myriad Markets Raises $20M Series A and Integrates Trust Wallet
The publisher-embedded prediction market SDK closed a $20M Series A and added Trust Wallet integration, giving millions of mobile crypto users direct access to its markets.
Myriad Markets, the prediction market infrastructure provider focused on embedding event contracts into publisher and media experiences, announced a $20 million Series A in February 2026. The company launched in March 2025 and has since partnered with several crypto-native media outlets to bring prediction markets into editorial contexts, so readers can trade on news stories without leaving the publisher's site.
Alongside the funding, Myriad announced a Trust Wallet integration. Trust Wallet, one of the most widely used mobile crypto wallets globally with tens of millions of users, now allows direct access to Myriad markets. Users can browse and trade event contracts without installing separate software or navigating to a standalone platform.
The funding round also coincided with Myriad's shift to USD1 stablecoin settlement, switching from USDC to the Justin Sun-backed USD1 (launched January 2026) as its primary settlement currency. The company supports multiple chains and aims for the widest possible on-ramp regardless of which blockchain a user prefers.
The publisher-embedded model addresses a key friction in prediction market adoption: most users don't visit dedicated prediction market platforms. By meeting users where they already consume news, Myriad bets that engagement with event contracts can grow far beyond the current niche of active market traders.
Operators mentioned in this article
Recent updates
Utah Files Felony Charges Against Kalshi and Its Founders — Second State to Criminally Charge a Platform
Utah filed criminal charges against Kalshi and its two co-founders, Tarek Mansour and Luana Lopes Lara, on October 28 — 13 felonies and a misdemeanor, including a second-degree 'pattern of unlawful criminal activity' count and 12 counts of online gambling promotion. The charges stem from a September sting in which an undercover agent placed 12 sports wagers verified to be in Utah. The CFTC sued Utah the day before to block state enforcement, its tenth such suit. Utah is the second state after Arizona to criminally charge Kalshi, and the first to charge the founders personally. Kalshi called it a 'crazy overreach.'
NBA Names Kalshi and Polymarket Preferred Exchanges — Leaving the NFL Alone in Opposition
The NBA announced on October 26 that it has named Kalshi and Polymarket its 'preferred prediction market exchanges,' signed a non-binding memorandum of understanding with the CFTC on basketball integrity, and expanded its DraftKings deal to include prediction markets — the first league to extend a sportsbook partnership into the category. The exchange deals bar league and team personnel from trading NBA contracts, limit permissible markets, and require sharing of suspicious-trading data, in exchange for NBA intellectual property and official data. The NBA joins MLB, the NHL, and MLS as partnered leagues, leaving the NFL as the lone major holdout — and the only league fighting the platforms in court.
CFTC Chair Says Agency Is Watching Prediction Markets for Manipulation Ahead of Midterms
CFTC Chairman Michael Selig said on October 23 that the agency is closely monitoring prediction markets for manipulation ahead of the November 3 midterms, and that it is separately scrutinizing oil market trading tied to President Trump's announcements about the war in Iran. Combined midterm open interest on Kalshi and Polymarket stood at $250 million as of October 18, with Kalshi holding 84%. Selig acknowledged the agency often catches political figures attempting to trade 'oftentimes after the fact.' The remarks highlight the CFTC's dual and somewhat conflicting role as both the platforms' federal protector and their manipulation watchdog, at a time when the agency has shed enforcement staff.