Sports prediction market Onyx Odds completes $20 million financing, led by Kraken's parent company Payward

According to Axios, the sports prediction market Onyx Odds has completed a $20 million financing round, led by Payward, the parent company of Kraken, with a post-financing valuation of $220 million.

The company's CEO Leul Dadi stated that they are planning to expand into other trading products.