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Story summary
- Coinbase Ventures and CMCC Global closed a funding round with Raven at a $90 million pre-money valuation.
- Raven, founded in 2023, provides crypto liquidity and entered prediction markets in Q2 2025, cofounder Petar Kostov said.
- CMCC co-founder Charlie Morris joined Raven’s board to expand the firm among institutions.
- Raven provides liquidity on Kalshi, Polymarket and other venues, quoting over 3,000 contracts across sports, crypto, macroeconomics and entertainment.
