Limitless Secures $4M in Strategic Funding to Fuel Growth
Limitless, a leading prediction market platform built on the Base blockchain, has successfully closed a $4 million strategic funding round. This development comes as the platform prepares for its highly anticipated token generation event (TGE). The latest investment brings Limitless’s total funding to $7 million, demonstrating strong market confidence in its decentralized trading solutions.
Strategic Partnership with Industry Veteran
The funding round features a significant collaboration with Arthur Hayes, co-founder and former CEO of BitMEX. Hayes will serve as an advisor to Limitless, while his investment firm Maelstrom participated in the round. This partnership builds upon Limitless’s earlier $3 million pre-seed funding led by 1confirmation, adding substantial industry expertise to the project.
Diverse Investor Support
Limitless attracted backing from prominent industry players including:
- Coinbase Ventures
- Node Capital
- Punk DAO
- Public Works
- The Base Ecosystem Fund
Innovative Trading Products Gain Traction
The platform’s short-term price markets, which allow speculation on assets like Bitcoin (BTC) using simplified 0DTE (zero-day-to-expiry) style contracts, have processed over $250 million in trading volume. These hourly contracts have proven particularly popular among retail traders.
Engagement-Focused Rewards Program
Limitless has implemented a points system to incentivize platform participation. Users can earn points through:
- Active trading
- Providing liquidity
- Referral activities
Enhanced Mobile Trading Experience
The platform recently launched a mobile-optimized interface designed to make real-time trading more accessible globally. The streamlined design caters to both experienced traders and newcomers.
Leadership Vision
CJ Hetherington, CEO of Limitless Labs, stated: “Our vision is to create fast, intuitive trading powered by community participation. This funding milestone brings us closer to realizing that goal.” With $250 million in trading volume already processed, Limitless is establishing a new standard for high-frequency crypto speculation.
