CME Group and FanDuel to Launch U.S. Prediction Markets Platform in December
CME Group and FanDuel are launching FanDuel Predicts, a prediction markets platform offering event contracts on sports, cryptocurrencies, and economic benchmarks. The platform targets users in states where online sports betting is illegal, expanding access to speculative markets.
The partnership leverages CME's derivatives expertise and FanDuel's user base, positioning the platform as a competitor to Kalshi and Polymarket. Contracts will cover assets like oil, gas, stocks, and crypto—though no specific tokens are named in the announcement.
This MOVE signals growing institutional interest in democratizing access to event-driven trading. The standalone app could introduce millions to crypto-adjacent markets without requiring direct asset exposure.
