On March 19, according to Decrypt, the crypto prediction platform Yeet has completed a $7.75 million funding round, led by Dragonfly, with angel investors such as Pudgy Penguins CEO Luca Netz and LayerZero CEO Bryan Pellegrino participating.

Yeet was co-founded by well-known figures in the crypto space, including Michael Anderson (alias Mando), anonymous trader Keyboard Monkey, and professional poker player Ben Lamb. The platform is positioned as a "prediction market for crypto users" and targets the high-risk-tolerant crypto-native community.