Underdog Bolsters Leadership with Appointment of Nick Lundgren as Chief Legal Officer

Underdog, a leading provider of sports-focused products, has announced the appointment of Nick Lundgren as its Chief Legal Officer. This move is seen as a strategic step in the company's expansion of prediction markets on its own exchange.

Lundgren brings a wealth of experience to his new role, having previously served as the Chief Legal Officer at Crypto.com and CEO/President of its CFTC-regulated division. He has also held positions at Perkins Coie LLP and Amazon, focusing on crypto, fintech, and derivatives.

In his new position, Lundgren will oversee the company's continued growth and expansion into the prediction market space. Underdog has made significant strides in recent months, becoming the first sports gaming operator to offer sports prediction markets in its app and acquiring a federally regulated derivatives exchange and clearinghouse from Aristotle Inc.