DraftKings Railbird Exchange Files First Sports Prediction Market Contracts

The filings, posted ahead of a planned May 27 listing date, lay out winner, spread, prop, stat, achievement and head-to-head markets across major sports as DraftKings Predictions moves closer to launching contracts from its own exchange The post DraftKings Railbird Exchange Files First Sports Prediction Market Contracts appeared first on DeFi Rate.

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Polymarket US Self-Certifies Parlay-Style Sports Contracts With CFTC

The 'Combinatoric Athletic Outcome Contract' filing could bring multi-leg sports markets to Polymarket’s regulated U.S. exchange as prediction market operators race to add parlay-style products The post Polymarket US Self-Certifies Parlay-Style Sports Contracts With CFTC appeared first on DeFi Rate.

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Why State Regulation Breaks the Prediction Market Exchange Model

The courts are split on one of the most consequential questions in prediction markets: whether states have the right to regulate exchanges like Kalshi that offer sports event contracts under a federal CFTC license.

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CFTC sues Illinois, Arizona, Connecticut over states' sports prediction market efforts

The CFTC argued in a lawsuit that the Commodity Exchange Act gave it "exclusive jurisdiction" over all swaps, which include prediction markets.

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MEXC Enters Prediction Market Race As Trading Volumes Top $18 Billion

Crypto exchange MEXC is stepping into the rapidly expanding prediction market sector, launching a new platform that allows users to trade on the outcomes of real-world events. The feature lets traders speculate on topics ranging from geopolitical developments and macroeconomic trends to major crypto events and sports outcomes.

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Underdog Acquires Aristotle Exchange To Bring Prediction Markets In-House

Deal gives the fantasy sports operator control of a CFTC-regulated exchange to bring prediction markets in-house after offering Crypto.com markets as an FCM. The post Underdog Acquires Aristotle Exchange To Bring Prediction Markets In-House appeared first on DeFi Rate.

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Smarkets Latest Sports Betting Exchange to Seek CFTC Approval for Prediction Markets

U.K.-based Smarkets has applied to become a federally regulated prediction market exchange in the U.S. The post Smarkets Latest Sports Betting Exchange to Seek CFTC Approval for Prediction Markets appeared first on DeFi Rate.

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DraftKings Unveils ‘Super App’ Plans to Capture $10B Prediction Market Opportunity

Investor Day showcases DraftKings’ plan to scale Predictions by leveraging built-in advantages in sports markets and taking control of its full exchange stack, including market making division. The post DraftKings Unveils ‘Super App’ Plans to Capture $10B Prediction Market Opportunity appeared first on DeFi Rate.

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Tennessee judge sides with Kalshi in ongoing sports markets battle

A federal judge in Tennessee has granted a preliminary injunction preventing state officials from enforcing gambling laws against prediction market platform Kalshi, marking a significant win for the federally regulated exchange in its escalating legal battles with state regulators. Tennessee…

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Novig Raises $75M, Positions CFTC-Regulated Exchange as Future of Sports Betting

Pantera-led funding round values company at $500 million as Novig pivots from sweepstakes sports betting exchange model to federally-regulated prediction markets  The post Novig Raises $75M, Positions CFTC-Regulated Exchange as Future of Sports Betting appeared first on DeFi Rate.

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Peer-to-peer sports prediction exchange Pred raises $2.5m

Pred raised $2.5m led by Accel to scale its high-speed peer-to-peer sports prediction exchange built on Base.

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Volume Report: Kalshi, Polymarket Post Record Volume Driven by Sports

Kalshi surpassed $2B in weekly volume as Polymarket also set a new exchange record in the first full month of 2025. The post Volume Report: Kalshi, Polymarket Post Record Volume Driven by Sports appeared first on DeFi Rate.

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DraftKings Launches Prediction Markets App in 38 States

DraftKings Predictions sports and finance markets will route through CME Group, the same exchange FanDuel will use. The app lacks what Kalshi and Polymarket bring to the table. The post DraftKings Launches Prediction Markets App in 38 States appeared first on DeFi Rate.

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California Judge Rules Kalshi Operates Under Federal Oversight, Not Tribal Gaming Law

Kalshi has scored another win in its fight to define the future of sports prediction markets.   On Monday, a California federal judge refused to block the platform’s contracts, siding with the company’s argument that it is a federally regulated exchange and not a sportsbook.

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ProphetX Seeks CFTC Approval to Become First Sports-Focused Prediction Exchange

ProphetX, a sports prediction platform currently operating under a sweepstakes model, has filed applications with the U. S. Commodity Futures Trading Commission (CFTC) to register as both a Designated Contract Market (DCM) and a Derivatives Clearing Organization (DCO).

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DraftKings’ Railbird Acquisition Forges Path To Prediction Markets

This has been percolating for a few months, but DraftKings is getting into prediction markets. News of the sports betting operator’s interest in acquiring Railbird Exchange, a CFTC-approved Designated Contract Market, broke in July.

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CME Group’s Next Play: Turning Sports and Economic Events Into Tradable Markets

CME Group, one of the world’s largest derivatives exchanges, is preparing to enter one of the most dynamic frontiers in finance and gambling: event-based prediction markets. According to Bloomberg, the Chicago exchange plans to launch financial contracts tied to sports outcomes and economic indicators by year-end, putting it in direct competition with fast-growing platforms Kalshi […] The post CME Group’s Next Play: Turning Sports and Economic Events Into Tradable Markets appeared first on DeFi Rate.

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KuCoin enlists golf champion Adam Scott in rare crypto-sports crossover

KuCoin has brought golf icon Adam Scott on as its first global brand ambassador. The deal marks the exchange’s inaugural step into professional sports sponsorships, signaling a clear ambition to connect with a new audience. A September 10 announcement confirmed…

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BTCC teams up with NBA all-star Jaren Jackson Jr. to bridge sports and crypto

Crypto exchange BTCC is stepping onto the sports stage, naming NBA All-Star and 2023 Defensive Player of the Year Jaren Jackson Jr. as its new global brand ambassador. Announced today, the deal marks BTCC’s first-ever sports sponsorship in its 14-year history and shows the company’s push to connect professional sports with the world of digital […]

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BTCC Exchange Enters the Sports Sponsorship Court with NBA Superstar and Lifestyle Icon Jaren Jackson Jr.

BTCC, one of the world's longest-serving crypto exchanges, welcomed 2023 Defensive Player of the Year and 2x NBA All-Star Jaren Jackson Jr. as its global brand ambassador. As a phenomenal shot blockerThe post BTCC Exchange Enters the Sports Sponsorship Court with NBA Superstar and Lifestyle Icon Jaren Jackson Jr. appeared first on AMBCrypto.

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Coinbase teams up with Toronto FC for crypto push despite KYC data breach

Coinbase is expanding its Canadian sports presence through new partnerships with Toronto FC and the Argonauts, despite ongoing scrutiny over a recent customer data breach. U.S.-based cryptocurrency exchange Coinbase is making a major play for Canadian fans through new multi-year…

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HC Davos ice stadium officially becomes zondacrypto Arena

zondacrypto enters the Swiss market with a strong impact, expanding its sports sponsorship portfolio to a new discipline – ice hockey. The leading cryptocurrency exchange in Central and Eastern Europe has become a partner of HC Davos, the 31-time Swiss champion, as well as the title sponsor of the club’s hockey arena, which is now […] The post HC Davos ice stadium officially becomes zondacrypto Arena appeared first on CoinJournal.

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HC Davos ice stadium officially becomes zondacrypto Arena

zondacrypto enters the Swiss market with a strong impact, expanding its sports sponsorship portfolio to a new discipline – ice hockey. The leading cryptocurrency exchange in Central and Eastern Europe has become a partner of HC Davos, the 31-time Swiss champion, as well as the title sponsor of the club’s hockey arena, which is now […] The post HC Davos ice stadium officially becomes zondacrypto Arena appeared first on CaptainAltcoin.

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NBA Goes Crypto: LA Clippers Partner With Coinbase In Major Deal

Cryptocurrency exchange Coinbase has revealed that it has struck a sponsorship agreement with a basketball team starting this National Basketball Association (NBA) season. Related Reading: Coinbase CEO Brian Armstrong Finds Ally In Cardano’s Hoskinson For Crypto Czar Bid The deal only shows that the intricate worlds of cryptocurrency and professional sports are becoming more intertwined […]

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AC Milan inks new sponsorship deal with crypto exchange, Bitpanda

AC Milan has signed Bitpanda as its premium crypto trading partner for 2024/25. The partnership includes branding coverage at the San Siro stadium; the deal value is undisclosed. This trend reflects a broader move by sports teams to partner with web3 companies.

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Daily Passive Rewards Up to $10000 Based on Platform Revenue – Scorpion Casino Launches 40% Easter Presale Bonus 

The Scorpion Casino presale is racing ahead without any signs of fatigue. The project has raised $7. 5M so far for its online gambling and sports betting platform. Crypto investors are flocking to the platform to avoid paying a hefty price for the token after its exchange launch.

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Best 5 Bitcoin Sports Betting Sites (Analyzed & Approved)

When online betting first emerged, it changed the way players wagered on game outcomes forever, opening the doors to 24/7 betting regardless of where the match or tournament was being held. Now, Bitcoin is shaking up the way we place bets – lowering fees, shortening withdrawal times, and making foreign exchange fees a thing of […] Best 5 Bitcoin Sports Betting Sites (Analyzed & Approved) was originally found on Blokt - Privacy, Tech, Bitcoin, Blockchain & Cryptocurrency.

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SEC has one more support to count on in the Ripple vs. SEC case

To support the U.S. Securities and Exchange's lawsuit against Ripple, the New Sports Economy Institute ("NSEI") has asked the court to accept an amicus brief. In its proposed brief, NSEI makes the The post SEC has one more support to count on in the Ripple vs. SEC case appeared first on AMBCrypto.

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FTX Collapse: Tom Brady and Steph Curry Among Celebs Staring at Massive Losses

With the downfall of cryptocurrency exchange FTX, many associated sports stars could end up rueing the day they got involved with Sam Bankman-Fried. The post FTX Collapse: Tom Brady and Steph Curry Among Celebs Staring at Massive Losses appeared first on BeInCrypto.

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Solana-powered sports wagering platform BetDEX to launch ahead of World Cup

BetDEX Labs, the company behind BetDEX, a new sports betting exchange for peer-to-peer wagering, this week announced that the BetDEX Exchange will officially launch on the Solana mainnet on Thursday, November 17th, which coincides with the beginning of the 2022 World Cup.

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World Cup 2022: Poloniex bridges football fans with fan tokens

During the Covid-19 pandemic, there has been an ongoing zeal among sports leagues to explore the Web3 world. Seeing the excitement for Web3 among the masses, Poloniex, a global crypto exchange, rides The post World Cup 2022: Poloniex bridges football fans with fan tokens appeared first on AMBCrypto.

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MoonPay Makes A Push In Sports, Signs On With Brazilian Soccer Club Flamengo

MoonPay is continuing a push into sports, entertainment and culture this week. The crypto exchange and web3 infrastructure firm announced a new partnership with Clube de Regatas do Flamengo, one of Brazil’s largest soccer clubs.

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Crypto.com downsizes some sports partnership deals amid market downturn: Report

The crypto exchange reportedly cut the scope of sponsorship agreements inked with sports organizations including the Angel City Football Club, the 2022 FIFA World Cup and Twitch Rivals.

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Betting Platform BetDEX Labs Likes the Odds for Its Decentralized Sports Exchange

The decentralized sports betting exchange based on Solana is looking to build a global clearinghouse “where people can put up the bets they will take … and the bets they will meet…,” BetDEX Co-Founder Nigel Eccles said, on CoinDesk TV’s “First Mover.”

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AscendEX lists Betswap.gg (BSGG): A DeFi betting exchange

AscendEX is excited to announce the listing of Betswap. gg token under the trading pair: $BSGG/USDT. Trading begins at 1:00 PM UTC on August 18th, 2022. Betswap. gg is a decentralized sports betting plaThe post AscendEX lists Betswap.

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Sports sponsorships sealed amid market turmoil as Man City inks deal with OKX

Manchester City fans will also have a chance to win season tickets in the OKX Hospitality Box via scanning QR codes on street art commissioned by the crypto exchange.

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EX Sports to Drop First Urbanball NFT Mystery Box Collection Exclusively on Binance NFT

April 19, 2022 – Binance NFT, the NFT marketplace of Binance, the world’s leading blockchain ecosystem and cryptocurrency exchange, is launching a unique Urbanball NFT collection in collaboration with Ex Sports.

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aggle.io: A fully decentralized sports betting exchange

Money laundering is a major problem in the sports betting industry. In late 2019 the team behind aggle. io thought about drafting a solution to counter this problem. They discussed ideas to open up theThe post aggle.

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Crypto.com Nabs FIFA World Cup Sponsorship for Undisclosed Sum

The exchange is adding the world’s most storied soccer tournament to its growing list of sports sponsorship deals.

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Tennis player Naomi Osaka becomes Global Ambassador of crypto exchange FTX

Renowned professional tennis player and activist Naomi Osaka has become the latest prominent sports figure to enter into a long-term partnership with cryptocurrency exchange FTX in order to “increase access and opportunity for women in crypto.

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FTX Teams Up With Sports Giants, Super Bowl To Prove Its Crypto Power

Crypto exchange FTX has been spending heavily on sponsorships with big sports teams and events to assert its place in the crypto world. Some of its famed partners are football superstar Tom Brady, the NBA’S Miami Heat, Washington Wizards, Golden State Warriors, Mercedes F1 team, The Capitals, and recently, the Super Bowl. On Sunday, millions […]

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Sport Investing Announces Listing On P2PB2B Exchange

Sport Investing, a platform leveraging crypto technologies in the sports world, will soon have its native token, $SITX, available for trading on the P2PB2B crypto exchange. As it marks this significant milestone, the platform is reminding the community of its mission, vision, and ethos.

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Betswap.gg launches public Testnet: Decentralized sports betting marketplace

The Betswap. gg team has announced the testnet launch of its decentralized betting exchange on Feb. 2, 2022. This launch coincides with an invite program for community members to preview the technologyThe post Betswap.

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Best Bitcoin Sports Betting Sites

When online betting first emerged, it changed the way players wagered on game outcomes forever, opening the doors to 24/7 betting regardless of where the match or tournament was being held. Now, Bitcoin is shaking up the way we place bets – lowering fees, shortening withdrawal times, and making foreign exchange fees a thing of […] Best Bitcoin Sports Betting Sites was originally found on Blokt - Privacy, Tech, Bitcoin, Blockchain & Cryptocurrency.

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MEXC Global to list Krida Fans, supporting a play-to-earn fantasy sports and social platform

The leading digital asset exchange MEXC Global will launch Krida Fans ($KRIDA) in the M-Day session and list the token in 26th January. Krida Fans is a next-generation blockchain-based fantasy sports The post MEXC Global to list Krida Fans, supporting a play-to-earn fantasy sports and social platform appeared first on AMBCrypto.

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Velas Enters Formula 1 In A Long-Term Partnership With Scuderia Ferrari

Switzerland-based blockchain company Velas has entered a partnership with automaker Ferrari that will see its name branded on the top sports car Formula 1. The first Ferrari partnership of its kind, it has several shared initiatives in stock to benefit from Ferrari’s prominence in global motorsport and a uniquely engaged fanbase. In exchange, fans will […]

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FTX US seals four sports-crypto deals in Washington DC

Cryptocurrency exchange FTX has spent a bucket load of cash in sports deals across…

The post FTX US seals four sports-crypto deals in Washington DC appeared first on Coin Journal.

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Crypto exchange FTX US partners with four Washington, DC sports teams

FTX US’ NFT platform will have exclusive rights to future token drops by the four teams and the exchange will be a partner for an in-game highlight series, “Big Block-Chain.”

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Binance losing ground as rival crypto exchanges target sports marketing

Binance, the world’s largest exchange by volume, is reportedly losing ground to rival exchanges. The post Binance losing ground as rival crypto exchanges target sports marketing appeared first on CryptoSlate.

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