Decrypt 17 minutes ago
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Crypto.com rolled out a sports prediction market in the U.S. Monday amid a surge in gambling on real-world events among digital asset holders.
The offering will serve a growing crop of crypto traders who want to wager on real-world events outcomes, leveraging Crypto.com’s popularity with sports fans in the U.S., Matt David, a company spokesperson, told Decrypt.
“Sports have been an important part of our brand, from F1 to UFC to the Crypto.com Arena, and this is a great opportunity to engage those sports fans on the Crypto.com app,” David said.
🏈 Predicting the outcome of The Big Game just got a lot more interesting
Turn correct predictions into profit with Sports Event Trading, now available across the US 🇺🇸
🏆 US$100 payment for each correct event contract you own
✔️ Simple Yes/No decision
🔒 CFTC-regulated… pic.twitter.com/gUaHyycOnf
— Crypto.com (@cryptocom) December 23, 2024
Crypto.com’s sports platform is starting with the Super Bowl, advertised as “The Big Game” on the site, with users able to bet on one of the NFL teams still in the hunt for the season-ending playoffs.
US-based Crypto.com customers can bet on sports events using any digital asset supported…
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