The prediction market platform Fireplace has completed a $1.5 million pre-seed funding round, led by Frachtis

The professional trading terminal for prediction markets, Fireplace, has completed a $1.5 million pre-seed funding round, led by Frachtis, with participation from several VCs and angels including White Star Capital.

The funds from this round will be used to build a cross-platform trading infrastructure for institutional prediction markets, including cross-scenario aggregation, smart order routing, real-time data, institutional-grade execution, charting tools, as well as features like wallets, whale and "insider" tracking.