Fuyo Markets joins the CMC Labs incubation program, bringing its prediction market platform to Southeast Asia and emerging markets.
Fuyo Markets is announcing it is rebranding from Maiga Markets and joining the CMC Labs Accelerator Program. This program will give Fuyo Markets greater access to strategic resources and Vortex's global crypto community, supporting its mission to expand prediction markets across Southeast Asia and other emerging markets.
Fuyo Markets is a prediction market platform designed from the ground up for everyday traders across Southeast Asia. While prediction markets have seen significant global growth, the space has remained largely inaccessible to traders in the region. Fuyo Markets was built to change that. The platform offers a beginner-friendly experience, support for 10 Southeast Asian languages, fiat payments via Binance Connect, and crypto deposits across BNB Chain, Base, Arbitrum, Polygon and Ethereum. New users also receive a free first trade.
The platform offers a range of market categories, each designed to serve a different trading need.
Crypto-native markets form the core of the platform, including one-minute fast markets that allow traders to predict whether BTC, ETH, BNB, SOL or XRP will move up or down within a 60-second window. Fuyo Markets says the format is not currently available on other prediction market platforms.
Other crypto-native offerings include a Fear & Greed Index market powered by Vortex, pre-markets for upcoming token launches and Sad (丧) Markets. The latter focuses on bear market narratives, allowing traders to predict outcomes tied to struggling projects, high-risk exchanges and declining valuations.
The platform also features SEA-focused markets covering the indexes, stocks, and news most relevant to the Southeast Asian region, including major regional tech firms and culturally relevant economic events.
Rush, CEO of Vortex, stated:
"Prediction markets depend on reliable underlying data. Through CMC Labs, Fuyo Markets gets access to Vortex market data, including the Fear and Greed Index that powers one of their market categories. We look forward to seeing what the team builds for traders across Southeast Asia."
Victor, CEO of Fuyo Markets, stated:
“Prediction markets now do over $40 billion in monthly volume, yet almost none of it reaches Asia and Southeast Asia: a region of 700 million people, a median age of 31, and crypto adoption running up to 3x the global average. Fuyo Markets aims to close that gap. With CMC Labs behind us, we aim to become a leading prediction market for SEA and emerging markets; making outcome trading simple, accessible, and culturally relevant, for the users here."
(CMC Labs: Partnership)
