Fireplace Secures $1.5 Million in Pre-Seed Funding for Prediction Market Platform

Fireplace, a professional trading terminal for prediction markets, has successfully raised $1.5 million in a pre-seed funding round. According to PANews, the round was led by Frachtis, with participation from White Star Capital and several other venture capital firms and angel investors. The funds will be used to develop cross-platform trading infrastructure aimed at institutional clients. This includes features such as cross-scenario aggregation, smart order routing, real-time data, institutional-grade execution, charting tools, and tracking capabilities for wallets, whales, and insiders.