FanDuel Expands Prediction Market Options with Crypto.com Partnership

FanDuel has announced a new partnership with Crypto.com, expanding its prediction market options and giving customers a wider variety of markets across sports and entertainment categories.

The partnership will allow FanDuel customers to trade combinations of event contracts, also known as parlays, which can increase the potential payouts. This move comes after a slow start for FanDuel's prediction market as a joint venture with CME.

FanDuel Predicts offers trading on non-sports outcomes like financial indices and cryptocurrency prices in all 50 states, and sports event contracts in states where FanDuel does not operate a state-regulated sportsbook. The new partnership will further expand the options available to customers.