Underdog, the fastest-growing sports company in the United States, has teamed up with Crypto.com | Derivatives North America (CDNA) to launch sports event contracts inside the Underdog app.
This partnership opens the door for fans to legally and securely make predictions on the outcomes of their favorite games while using technology backed by a federally registered exchange.
Sports Meets Prediction Markets
The idea is simple but powerful. Through this collaboration, customers will be able to access CDNA sports event contracts directly in the Underdog app. These contracts allow fans to express opinions on real-world sports outcomes, from NFL touchdowns to NBA playoff wins, with prices that move in real-time. For sports fans, it is not just about watching the action but trading on what they believe will happen next.
Prediction markets have been gaining traction across different industries. They let people place value on their beliefs about future events, whether in politics, economics, or entertainment. Now, sports are becoming the most natural fit for this model. As Underdog’s CEO, Jeremy Levine put it, the future of prediction markets will be about sports, and Underdog is well-positioned to lead the charge.
🎉 @Underdog and https://t.co/WAKy31J9R4 | Derivatives North America (CDNA) are proud to announce a partnership that makes Sports Event Trading accessible to U.S. customers through Underdog.
Read more:https://t.co/vs1ybrPoPB pic.twitter.com/s6xpehmdym
— Crypto.com Sports (@cryptocomsports) September 2, 2025
A real-world comparison is the rise of fantasy sports. According to Statista, more than 60 million people in North America play fantasy sports today, with football being the most popular. Prediction markets build on that same enthusiasm, but instead of tracking player performance over weeks, fans can trade contracts tied to single moments and outcomes, bringing immediacy and excitement to the experience.
More About Crypto.com
Crypto.com has launched a limited-time offer for new users. By opening a Crypto.com Card and using it to make purchases, members can earn up to $2,500 worth of CRO within the first 90 days, depending on their card tier.
Missed our first https://t.co/vCNztATkNg Visa Signature® Credit Card welcome bonus? We’re giving you another opportunity to be rewarded with CRO!
Simply open a Card, spend with it, and earn up to US$2,500 in CRO¹ (depending on the tier) within 90 days of account opening! Minimum… pic.twitter.com/jwObJA79ji
— Crypto.com (@cryptocom) September 2, 2025
A minimum spend is required to qualify, and the promotion runs from September 2 until October 31 at 8:59 AM ET. This deal gives newcomers an extra incentive to start using the Crypto.com Card right away.
Disclaimer
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