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DraftKings and Coinbase dive into prediction markets in a busy launch week as FanDuel prepares its CME-powered app, GambleRss reports
- DraftKings and Coinbase dive into prediction markets in a busy launch week as FanDuel prepares its CME-powered app, GambleRss reports — DraftKings launched its prediction market app connected to an exchange powered by CME Group, with Railbird, the federally licensed exchange it agreed to buy for 250 million dollars, to be added at a later date. Coinbase also revealed its entry into prediction markets through a deal with Kalshi, while FanDuel plans its own app on the CME exchange. (GambleRss)
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