InvestSMART

Ovanti Limited (ASX:OVT)

ALERT: Price-sensitive ASX Announcement for OVT
Current share price for OVT : $0.002 -0.033 (-94.29%)+
Announcement
Release
9 Jun 2026 8:32AM
Price at Release
$0.035
Full Release
download
Summary
Ovanti Limited has announced an exclusive partnership with Yuno.trade to enter the prediction market sector. As per the partnership, Ovanti will be Yuno.trade’s exclusive global payment processor and will provide embedded technology infrastructure. This collaboration aims to launch a licensed prediction market platform in Southeast Asia and Central Asia, regions identified as high-growth areas for such services. Ovanti leverages its regional banking relationships and infrastructure to support Yuno.trade, positioning itself as a major competitor against industry leaders like Polymarket and Kalashi. The partnership is set to capitalize on major global events such as the FIFA World Cup to enhance user engagement and transaction activity. Through this partnership, Ovanti aims to generate revenue by providing the necessary infrastructure for high-frequency platform activities while Yuno.trade manages the consumer-facing aspects of the prediction market.
Key Points
  • Exclusive partnership with Yuno.trade
  • OVT as global payment processor and infrastructure provider
  • Launch in Southeast Asia and Central Asia
  • Targeting high-growth prediction market sector
  • Competition with Polymarket and Kalashi
  • Focus on major events like FIFA World Cup for engagement
  • Revenue through transaction-linked services
  • Yuno.trade operates the consumer platform
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.