Binance Anchors Institutional Trading Amid Crypto Betting Revolution

Binance has partnered with Anchorage to expand institutional crypto trading options.

However, this news is overshadowed by the growing trend in online betting. The landscape continues to shift, with FanDuel and BetMGM remaining at the top of US sports betting. But a new player, ZunaBet, is gaining traction as a crypto-first operator.

ZunaBet's platform was built on a foundation of cryptocurrency support, offering more than 20 currencies for transactions, including Bitcoin, Ethereum, and XRP. This allows for fast settlement and minimal fees, making it an attractive option for players who value speed and convenience.

The platform's library also exceeds what established brands like FanDuel and BetMGM can offer, with over 11,000 titles from more than 60 providers. The sportsbook covers traditional sports and esports, including football, basketball, tennis, NHL, and Valorant.