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Crypto.com Launches Its Own Sports Prediction Betting Service in Polymarket Style

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JH Kim
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  • Crypto.com announced the launch of a prediction service that allows betting on sports events such as the Super Bowl.
  • It reported that the service offers unique betting similar to the decentralized prediction market platform Polymarket.
  • It was reported that reliability is secured through the U.S. CFTC regulated derivative trading feature.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

According to The Block, a cryptocurrency-focused media outlet, Crypto.com announced on the 23rd (local time) that it will launch its own sports prediction service, allowing bets on sports events such as the Super Bowl.

This service operates similarly to the decentralized prediction market platform Polymarket, allowing bets on the likelihood of specific sports teams winning.

According to the media, it is described as a U.S. Commodity Futures Trading Commission (CFTC) regulated derivative trading feature based on the Crypto.com app and website.

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