High Roller Technologies Inc., operator of the award-winning, premium online casino brands High Roller and Fruta, announced that it has executed a Definitive Agreement with Crypto.com | Derivatives North America (CDNA) to launch an event-based prediction markets offering, initially in the US. The Agreement will enable High Roller to offer CDNA’s event contracts in the US, creating a new strategic growth opportunity for the Company across finance, sports and entertainment and marking its entry into the rapidly emerging prediction markets sector.

Third-party estimates project that a mature U.S. market opportunity could exceed $1 trillion in annual trading volume,1 while international opportunities further expand the addressable market potential for High Roller.

“High Roller brings a premium brand, strong online expertise and an established customer-facing platform to this opportunity. Together, we believe we can expand access to regulated event contracts in the United States through a differentiated and highly scalable offering,” said Kris Marszalek, Co-founder and CEO of Crypto.com.

“We’re thrilled to have reached a definitive agreement to enter the prediction markets space with Crypto.com. Over the last few months, we have been working towards preparing our product and other logistics for this transformative opportunity and today marks a significant milestone in that journey. We believe this partnership gives us a strong starting position in a market with meaningful long-term potential, and we’re confident in our ability to deliver,” said Seth Young, Chief Executive Officer of High Roller Technologies.

Agreement Summary

Under the terms of the Agreement, event contracts offered by CDNA, a CFTC-registered exchange and clearinghouse and affiliate of Crypto.com, will be made available to customers through High Roller, which plans to operate a CFTC-registered Introducing Broker and establish a relationship with Crypto.com’s CFTC-registered Futures Commission Merchant. The Agreement establishes Crypto.com and its affiliates as providers of prediction contracts across High Roller’s distribution channels in the US and is expected to create new revenue streams for High Roller.

The partnership will offer customers the opportunity to trade event contracts across markets including finance, entertainment, and sports, through a legal, regulated, engaging, and user-friendly platform.

Following the successful execution of the Agreement, High Roller intends to provide updates regarding its product, brand, launch timing, and marketing partnerships.

DraftKings Inc. announced an agreement with Crypto.com | Derivatives North America (Crypto.com), a global cryptocurrency platform and CFTC-regulated derivatives exchange, to broaden the prediction markets available on DraftKings Predictions. The expansion marks the first player-specific sports event contracts offered on DraftKings Predictions for both the NFL and NBA, extends the platform’s prediction markets offerings, and establishes the foundation for future categories, including politics.

“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,” said Jeanine Hightower-Sellitto, Senior Vice President and General Manager of DraftKings Predictions.

As part of this expansion, DraftKings Predictions adds breadth across sports prediction markets in the states where the product is available, spanning soccer, MMA, golf, boxing, tennis, and the Olympic Games, to complement the existing sports and financial markets provided by CME Group. In addition to the wider scope of sports prediction markets, Crypto.com is expected to support DraftKings Predictions’ introduction of new event contract categories, including culture, entertainment, and politics. Additionally, DraftKings Predictions will integrate Railbird Exchange in the coming months, further strengthening its offering.

“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,” said Travis McGhee, Global Head of Predictions at Crypto.com.