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SX Network operates a decentralized prediction market, serving as a global liquidity hub for on-chain sports betting. Leveraging Arbitrum Orbit, the platform efficiently processes transactions, creating and settling betting markets directly on the blockchain. It employs proprietary technology to offer an exchange model, aiming for superior odds in the digital betting landscape.
Co-founded by Andrew Young, CEO, and Jake Hannah, the company emerged from the belief that maturing betting markets would favor exchange models offering the most competitive odds. This insight drove the development of a decentralized platform, cultivating a liquid and advantageous betting environment.
The platform caters to global sports bettors, providing a transparent, efficient alternative to traditional systems. SX Network's vision is to lead the global betting exchange sector by delivering optimal odds and becoming a foundational "GambleFi" application chain, transforming the worldwide sports betting experience.
SX Company has 1 tracked investment across 1 company. The latest tracked deal is $11.0M Series D in OncoPep in December 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Dec 9, 2021 | OncoPep | $11.0M Series D | Kukje Pharma, Tera Science | Crystalbioscience |