FanDuel Partners with CME Group to Launch Crypto Prediction Markets Platform
FanDuel, a prominent US online gambling firm, is venturing into cryptocurrency prediction markets through a strategic partnership with derivatives giant CME Group. The collaboration will yield "FanDuel Predicts," a mobile app launching in December that allows users to wager on crypto price movements alongside traditional assets like oil and sports outcomes.
The move capitalizes on surging demand for crypto-native prediction platforms, which saw $27.9 billion in trading volume during the first ten months of 2025 according to Crypto.com research. This institutional-grade entry follows recent prediction market expansions by Gemini and Robinhood, signaling mainstream adoption of crypto derivatives as entertainment-finance hybrids.