OmenX secures multi-million dollar seed funding to launch industry-first leveraged prediction market; public testnet now live

Latest Draft [Use This] Led by a robust background in leverage executives, OmenX introduces perpetual-style mechanics to the $1B+ forecasting sector, enabling institutional-grade hedging and capital efficiency. Singapore, March 30th — OmenX, a prediction trading platform that turns real-world events into tradable markets, today announced the successful close of its multi-million dollar angel funding round. The announcement marks the official launch of the OmenX Public Testnet, bringing in one of the world’s first leverage mechanics to the rapidly expanding prediction market industry. The funding round saw participation from a strategic consortium of North American and global venture firms, including Paramita VC, Penrose Ventures, and M77 Ventures, alongside the founders of several centralized exchanges. While platforms like Polymarket have high volumes, the sector remains hindered by capital inefficiency, often requiring users to lock up substantial liquidity in static positions until