XO Market bets on user-generated prediction markets to rival Polymarket and Kalshi
Burns Brief
Backed by 20VC, Picus Capital and Coinbase Ventures; XO lets users create and profit from their own prediction markets, and plans to rollout a new vault product to democratize market making Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
Backed by 20VC, Picus Capital and Coinbase Ventures; XO lets users create and profit from their own prediction markets, and plans to rollout a new vault product to democratize market making.
Key Takeaways
- Backed by 20VC, Picus Capital and Coinbase Ventures; XO lets users create and profit from their own prediction markets, and plans to rollout a new vault product to democratize market making