Prediction Market Myriad Raises $12.5 Million in Paradigm-, Polychain-Led Round

Myriad, a decentralized prediction market incubated by Decrypt parent DASTAN, combines news consumption with event-contract trading, allowing users to back their judgments on political, financial or sports outcomes with money. The model turns content engagement into tradable probabilities and, if it can improve liquidity for long-tail events, would directly challenge established platforms such as Polymarket.

Myriad said on March 19, 2026, that it had raised $12.5 million in a seed round led by Paradigm and Polychain Capital, with participation from Dragonfly, Robot Ventures and Fundstrat co-founder Tom Lee, among others. The funds will be used to integrate sub-second settlement on the Tempo blockchain and expand an AI-powered dynamic market-making system.