DraftKings partners with Crypto.com to expand prediction markets

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.

DraftKings Inc., a digital sports entertainment company based in Boston, revealed on February 6, 2026, an agreement with Crypto.com | Derivatives North America, a CFTC-regulated derivatives exchange. This partnership expands the prediction markets on DraftKings Predictions by adding player-specific sports event contracts for the NFL and NBA, a first for the platform.

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.”

The expansion includes additional sports such as soccer, MMA, golf, boxing, tennis, and the Olympic Games, available in states like California, Florida, Georgia, and Texas. It complements existing offerings from CME Group and introduces support for new categories including culture, entertainment, and politics through Crypto.com. DraftKings plans to integrate Railbird Exchange in the coming months to further bolster its services.

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 to not only 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.”

DraftKings Predictions operates as a standalone app under CFTC oversight, incorporating the company's Responsible Trading program. Founded in 2012 by Jason Robins, Matt Kalish, and Paul Liberman, DraftKings offers various gaming products and is live in multiple states and regions. Crypto.com, established in 2016, focuses on cryptocurrency adoption and regulatory compliance.

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Illustration of Minnesota capitol and federal clash over prediction markets
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Minnesota’s push to curb prediction markets runs into a federal preemption fight

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The U.S. Securities and Exchange Commission has extended its review period for exchange-traded funds tied to prediction markets. These ETFs from Roundhill, Bitwise, and GraniteShares track odds on political races and economic indicators. The agency is seeking further clarity on their structure and disclosures.

 

 

 

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