Pred, a peer-to-peer sports prediction exchange, has raised $2.5 million in a funding round led by Accel, with contributions from BEF by Coinbase Ventures and Reverie. The funds will be used to expand the team, enhance liquidity, and onboard global users as Pred develops exchange-grade infrastructure for sports prediction markets. Currently in private beta, the platform is accessible through an invite-only program. Pred is building its exchange on Base, Coinbase's layer-2 blockchain, offering traders the ability to buy and sell sports outcome positions with 200-millisecond execution and spreads under 2%. The platform aims to provide a transparent, trader-driven marketplace by removing the traditional sportsbook model, allowing prices to reflect real market sentiment. CEO Amit Mahensaria emphasizes Pred's focus on rewarding speed, transparency, and skill in the $500 billion global sports prediction industry.