Payward leads $20M Series A in Onyx Odds at $220M valuation

Onyx Odds, a sports prediction markets app, closed a $20 million Series A led by Payward, the parent of crypto exchange Kraken, at a $220 million valuation. The round values the sportsbook roughly 1/100th of Kalshi's $22 billion mark and signals continued institutional appetite for event-contract…