DraftKings eyes crypto offerings as it expands into prediction markets
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DraftKings is expanding into prediction markets, launching the DraftKings Predictions app for trading sports and financial outcomes in 38 states. The company plans to include crypto-linked contracts, leveraging regulated derivatives infrastructure. DraftKings reported Q3 revenue of $1.14 billion and expects up to $6.1 billion this year. The move highlights growing interest in prediction markets, with platforms like Polymarket and exchanges like Coinbase and Gemini also expanding offerings.
Source: Cointelegraph The copyright of this article belongs to the original author/organization.
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