Underdog partners with Crypto.com for sports prediction markets in 16 states
Underdog has partnered with Crypto.com to offer sports prediction markets across 16 states, the companies announced. The deal pairs Underdog's sports-gaming brand with Crypto.com's exchange infrastructure for CFTC-regulated event contracts. Separately, High Roller Technologies also disclosed a partnership with Crypto.com for prediction markets, announced as its stock crossed above its 5-day simple moving average. The twin Crypto.com deals arrive as platform competition intensifies: Robinhood has moved event contracts onto its own Rothera exchange, while Kalshi remains the dominant dedicated prediction market platform by market position.
Crypto.com is now the shared infrastructure layer for two competing U.S. sports-betting brands within 24 hours. That concentration gives Crypto.com pricing leverage over both Underdog and FanDuel Predicts, and leaves either partner exposed if the exchange faces regulatory or liquidity stress.
Underdog becomes the second U.S. sports-betting brand to add Crypto.com as an exchange partner, after FanDuel Predicts added OG as its second crypto-linked venue less than a day earlier.