Underdog and Crypto.com launch first prediction market on major sports app

• Underdog and Crypto.com | Derivatives North America introduce sports event contracts in the Underdog app.
• Customers can trade and predict outcomes across NFL, NBA, MLB, college football, and more.
• The platform is federally compliant and integrates fantasy sports, sportsbook, and prediction markets in one app.

Underdog, the fast-growing U.S. sports gaming company, and Crypto.com | Derivatives North America (CDNA) have launched the first prediction market exchange available through a major sports gaming app.

The offering, announced on September 2, 2025, allows American sports fans to trade sports event contracts and predict game outcomes securely within the Underdog app.

The new partnership combines CDNA’s sports event contracts with Underdog’s proprietary technology, providing real-time price updates and enabling customers to react instantly to games. The platform covers all major sports leagues, including the NFL, college football, NBA, and MLB.

“Prediction markets are one of the most exciting developments we’ve seen in a long time,” said Jeremy Levine, Underdog founder and CEO.

“While still new and evolving, one thing is clear – the future of prediction markets is going to be about sports – and no one does sports better than Underdog.”

Travis McGhee, Managing Director and Global Head of Capital Markets at Crypto.com, said:

“We are thrilled to partner with Underdog to enhance the sports experience for customers nationwide with the ability to now trade using Underdog’s technology – all in one app. We were the first to offer sports events contracts, and our technology partnership with Underdog will provide more access to CDNA’s innovative offerings.”

Underdog operates under gaming licences across multiple U.S. states and integrates robust responsible gaming measures throughout its platform. The company will extend the same protections to its prediction market offerings, ensuring a secure and compliant experience for users.

The company is the only U.S. operator to combine fantasy sports, sportsbook, and prediction markets in a single app, powered entirely by proprietary technology. This positions Underdog as a unique entrant in the sports gaming market, aiming to provide a seamless, all-in-one experience for fans.

Founded in 2020, Underdog offers fantasy sports, licensed sports betting, and a growing media network featuring former professional athletes, coaches, and analysts. Crypto.com, founded in 2016, provides cryptocurrency and financial services worldwide and operates CDNA as a CFTC-registered designated contract market and derivatives clearing organisation.