Underdog and Crypto.com partner on sports prediction markets in 16 US states
Underdog and Crypto.com announced a partnership to offer sports event contracts in 16 US states, although the companies have not specified which states. Crypto.com Derivatives North America will provide the contracts, while Underdog’s platform will host the markets; the exchange is licensed by the CFTC, according to the source.
The planned rollout could expand access to sports event contracts while state regulators scrutinise prediction-market offerings.