Metavesco, Inc., a diversified holding company and developer of the OTCfi ecosystem, announced it will move directly into building the fully licensed, on-chain prediction market version of OTCfi Pulse, bypassing the previously planned sweepstakes-style beta phase. The company initially planned to launch with a sweepstakes-style beta to validate user engagement while evaluating regulatory pathways. However, with the rapid acceleration of prediction markets in traditional finance, Metavesco now believes the better path is to skip the beta phase entirely and build the licensed platform immediately.
This strategic shift is reinforced by the rapidly growing mainstream acceptance of prediction markets. This week, Kalshi announced a $1 billion financing round at an estimated $11 billion valuation, signaling powerful institutional validation for the category. Ryan Schadel, CEO of Metavesco, stated that from the beginning, Pulse was envisioned as a licensed, on-chain prediction market for the OTC, and the sweepstakes model was only a temporary idea for beta testing the mechanics. As prediction markets gain traction in traditional finance and with major platforms like Kalshi attracting billion-dollar investments, it became obvious that the right move is to skip beta entirely and build the full platform now.
Schadel added that the company is fast-tracking development of Pulse and will pursue the licensing required to operate it responsibly. If executed correctly, Pulse has the potential to become one of the most transformative components of the OTCfi ecosystem. Metavesco believes an on-chain prediction market purpose-built for OTC equities could introduce new layers of transparency, sentiment analysis, and participation to a market segment that has historically lacked modern forecasting and engagement tools. The company's OTCfi ecosystem is built on the Solana blockchain and is designed to become the Digital Asset Treasury token of choice for OTC issuers. More information about OTCfi can be found at https://otcfi.io.
A new Pulse preview video is available at https://youtu.be/2rb4m9mcBjI. Metavesco is a diversified holding company focused on acquiring and managing assets across multiple sectors, including digital assets, DeFi, crypto mining including Bitcoin, and staffing services. The company is dedicated to long-term growth through organic expansion, strategic acquisitions and innovative market solutions. More information about the company is available at https://metavesco.com. The press release contains forward-looking statements, and more information about potential factors that could affect business and financial results is included in the company's filings on https://otcmarkets.com.
