DraftKings expands prediction markets with Crypto.com partnership

DraftKings has partnered with Crypto.com to broaden its prediction markets offerings, introducing the first player-specific sports event contracts for the NFL and NBA. This collaboration enhances access to various sports predictions and lays groundwork for future categories like politics and entertainment. The expansion is available in select U.S. states through the DraftKings Predictions app.

Sports betting company DraftKings Inc. (NASDAQ:DKNG) announced on February 7, 2026, an agreement with Crypto.com's CFTC-regulated derivatives exchange, Crypto.com | Derivatives North America. This deal expands the prediction markets on the DraftKings Predictions app, which DraftKings recently launched to enter the arena.

The partnership introduces the platform's first player-specific sports event contracts for both the NFL and NBA. It also adds a wider range of sports markets, including soccer, MMA, golf, boxing, tennis, and the Olympic Games. These complement the existing sports and financial markets provided by CME Group.

Jeanine Hightower-Sellitto, Senior Vice President and General Manager of DraftKings Predictions, stated: “We’re continuing to build momentum behind DraftKings Predictions by leveraging our expertise across sports and technology and integrating additional CFTC-regulated exchanges like Crypto.com. This collaboration meaningfully expands customer access to trade on sports and a broader range of prediction markets and also reinforces our focus on delivering a more comprehensive and engaging experience as the product continues to evolve.”

Crypto.com will support the introduction of new event contract categories, such as culture, entertainment, and politics. In the coming months, DraftKings Predictions will integrate Railbird Exchange to further strengthen its offerings.

Travis McGhee, Global Head of Predictions at Crypto.com, commented: “Crypto.com continues to lead the way with innovative collaboration. Connecting with DraftKings, a household name in sports, is an important milestone for us because it allows us not only to expand access to prediction markets in sports, but it grows our distribution to prediction markets on cryptocurrencies, financials, companies, politics, culture, entertainment and beyond. We are thrilled to work with DraftKings, and we look forward to creating an engaging experience together for customers across the country.”

Eligible customers in states including California, Florida, Georgia, and Texas can access these federally regulated event contracts via the standalone app or predictions.draftkings.com. The platform incorporates DraftKings' Responsible Trading program with built-in tools and resources.

DraftKings, headquartered in Boston and founded in 2012 by Jason Robins, Matt Kalish, and Paul Liberman, aims to create exciting real-money gaming experiences. It operates sports betting in 30 states, Washington D.C., Ontario, and Puerto Rico. Crypto.com, founded in 2016, focuses on cryptocurrency adoption and regulatory compliance, offering various prediction markets through its affiliates.

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Illustration of excited traders on a U.S. exchange floor celebrating CFTC approval for spot crypto trading, with surging crypto charts and official stamps.
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CFTC allows spot crypto trading on registered exchanges

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DraftKings Inc. has announced a partnership with Crypto.com to broaden its prediction markets platform, introducing player-specific contracts for NFL and NBA events. This collaboration marks the first such offerings on DraftKings Predictions and lays groundwork for future categories like politics. The deal enhances access to regulated event contracts in several U.S. states.

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Crypto.com announced the launch of OG, a new prediction market platform, on February 3, 2026, allowing users to trade on real-world event outcomes. Powered by its affiliate Crypto.com Derivatives North America, OG combines social features with CFTC-regulated contracts for sports, financial, and cultural events. The first one million users will receive up to $500 in rewards.

Crypto.com faced a federal investigation under President Biden, but the probe ended after Donald Trump's 2024 election victory. The company then donated millions to Trump-linked groups and formed a $1 billion venture with Trump's social media firm. Legal experts highlight this as a potential conflict of interest in Trump's second term.

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