Futures trading exchanges and daily fantasy sports operators have entered the sports prediction markets space, and now, MyPrize has become the first social gaming company to launch such a product. The Miami-based company announced on Tuesday that MyPrize Markets can launch in the US, thanks to its collaboration with the CFTC-licensed Crypto.com.
It will offer the usual array of sports, politics, and crypto-related markets, as well as integrate into the MyPrize live streaming platform.
by far the market-leading infrastructure for institutional and enterprise scale”
Talking about the launch, MyPrize Founder and CEO Zach Buch said that Crypto.com was the obvious partner for this venture as it has “by far the market-leading infrastructure for institutional and enterprise scale.”
MyPrize currently operates a free-to-play sweepstakes casino in the US and a real money crypto casino overseas. One of its main points of difference is that users can play alongside content creators as part of a shared gaming experience.
Crypto.com offers its own sports prediction markets and also partners with DFS operator Underdog, which has a similar product.
