By SectorWire desk ·
The report said that Fanatics is acquiring Water Street Labs. The transaction aims to bring prediction market infrastructure into Fanatics’ own operations.
The acquisition would give Fanatics direct control over additional prediction market infrastructure.
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The planned acquisition would give Fanatics infrastructure for its own prediction market exchange.
The purchases would give Fanatics direct ownership of exchange and clearing infrastructure.
The agreement would bring prediction-market exchange and clearing infrastructure into Fanatics.
The planned acquisition would bring exchange and clearing infrastructure into Fanatics’ prediction-market offering.
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