Ukrainian Betting Startup Limitless Raises $4M to Expand Crypto Prediction Platform

Ukrainian Betting Startup Limitless Raises $4M to Expand Crypto Prediction Platform

Founded by former Reface CEO Roman Mogylnyi, Limitless secured $4 million in funding to grow its blockchain-based prediction market, drawing comparisons to U.S.-based Polymarket

According to Scroll.Media, the funding round was backed by notable investors including Coinbase Ventures, 1confirmation, Maelstrom, Collider, Node Capital, Paper Ventures, Public Works, and Punk DAO. While the company’s current valuation remains undisclosed, Limitless previously raised $3 million in a round completed in fall 2024.

Unlike traditional betting platforms, Limitless enables users to wager directly against one another on a wide range of outcomes. The platform operates as a prediction market, where contract prices reflect the probability of an event — for example, a contract priced at $0.72 signals a 72% likelihood. If the prediction is correct, the user earns $1 per contract.

Users are encouraged to trade in markets where they hold specific expertise. While the platform currently focuses on financial forecasts — including cryptocurrency prices and commodity trends — it also features markets for sports and political events.

Alongside the investment, Limitless has rolled out an updated version of its platform and is preparing for an upcoming Token Generation Event (TGE).

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