Binance founder Changpeng Zhao has confirmed that YZi Labs is a minority investor in Opinion, a newly launched decentralized prediction market, amid speculation about polymarket competition.
summary
- Opinion has raised $5 million in a seed round led by YZi Labs with participation from Animoca Ventures, Amber Group, Manifold, and Echo Community.
- The platform is currently live on the BNB chain and will allow users to trade in macroeconomic and trending markets.
- Since its testnet debut in March 2025, Opinion has over 1.6 million active users and over $300 million in combined USDO and USDC trades across over 600 markets.
Binance founder and YZi Labs director Changpeng Zhao confirmed that his company holds a minority stake in Opinion, a newly launched decentralized prediction market platform, writing in a post on X:
On October 16, Opinion announced a $5 million seed funding round led by YZi Labs with participation from Animoca Ventures, Amber Group, Manifold, and Echo Community. CZ's statements suggest that other investors collectively own a large portion of the opinion and hold significant influence over its direction.
CZ's clarification appears to be aimed at addressing speculation about cryptocurrency X, with one user suggesting that he wants to “kill Polymarket,” referring to his past success with Aster, which was backed by YZi and taken over by rival Hyperliquid.
Source: @plutos_eth
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Opinion recently announced that it will be launching its mainnet exclusively on the BNB chain. The platform is designed to allow users to trade macroeconomic outcomes such as inflation data, interest rates, employment trends, and geopolitical developments on-chain.
Users can create, trade, and resolve markets directly using AI oracles that help generate rules and verify market solveability. Since its testnet debut in March 2025, Opinion has reported over 1.6 million active users across more than 600 markets, $190 million in USDO trades, and $112 million in USDC trades.
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