Summary
- 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.
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.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
