Fanatics Buys CFTC-Registered Exchange in Prediction Markets Land Grab
Covered by 3 sources · 3 articles
3 outlets - including Bankless, Yahoo and Decrypt - are covering this story. Decrypt reported that Fanatics is buying an exchange and clearinghouse from BGC, following DraftKings and FanDuel in owning the rails for its own prediction market.
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Fanatics Buys CFTC Exchange in Prediction Market Push
Decrypt reported that Fanatics is buying an exchange and clearinghouse from BGC, following DraftKings and FanDuel in owning the rails for its own prediction market.
Fanatics Buys CFTC Exchange in Prediction Market Push
Fanatics Buys CFTC-Registered Exchange in Prediction Markets Land Grab
The deal for BGC's Water Street Labs and CX Clearinghouse lets Fanatics list and settle its own event contracts, echoing DraftKings and FanDuel as sports-betting giants scramble for a foothold in the sector.