ParlayX raises $1.25M pre-seed for institutional prediction-market trading
Non-custodial keys, segregated capital and scoped permissions give firms a common system for traders and bots.
Execution controls for professional prediction-market desks
ParlayX gives funds, market makers and algorithmic trading desks one order and execution system across connected prediction markets. Firms can route orders between venues, view portfolios in one place and allocate separate capital books to strategies while retaining control of fund movement through non-custodial key management.
The platform also lets firms set scoped, revocable permissions for each trader or bot. ParlayX launched with integrations including Kalshi and Polymarket, addressing the governance and execution needs of teams that go beyond individual retail accounts.
Use of funds
Accelerate product roadmap
Expand prediction-market venue integrations
Improve smart order routing algorithms
Scale global go-to-market