The deal gives Fanatics control of its own prediction market infrastructure as event-based trading gains traction across sports, finance and crypto.

  • Fanatics will acquire BGC's federally regulated exchange and clearinghouse to launch and settle its own prediction markets.
  • The deal positions Fanatics to compete in the fast-growing prediction market sector alongside Kalshi, Polymarket and other emerging platforms.
  • Fanatics and BGC also plan to develop new market data products that combine prediction market activity with traditional financial market data.

Newsletters

  1. 1 Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions 12 hours ago
  2. 2 Crypto job postings triple to over 1,200 in September, but applications fall 12 hours ago
  3. 3 Cathie Wood says smart investors need to start watching where AI agents spend money 13 hours ago
  4. 4 Crypto's Sisyphean struggle 15 hours ago
  5. 5 BlackRock offers a glimpse of how tokenization may change your investment portfolio 15 hours ago
  6. 6 Bank group sues U.S. regulator over granting crypto trust charters 1 day ago
  7. 7 BNY in talks with Kraken parent Payward over infrastructure partnership 1 day ago
  8. 8 Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98% 1 day ago
  9. 9 Trump’s potential AI czar, Jay Clayton, helped pioneer the SEC’s crypto crackdown 1 day ago
  10. 10 America at a crossroads: Commissioner Peirce’s parting challenge 1 day ago

The Definitive Stablecoin Landscape Series: Asia Pacific

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Why it matters :

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Cathie Wood says smart investors need to start watching where AI agents spend money

U.S. added just 29,000 jobs in September, with unemployment rate rising to 4.2%

Crypto traders are in risk-on mode as bitcoin dominance nears return to 60%

Original sourceCoinDesk

The original source remains the canonical version for attribution, rights, and later updates.

Read original ↗

Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.

← Back to latest