Fanatics partners with Crypto.com to launch prediction market Fanatics Markets

Odaily Planet Daily reports that sportswear company Fanatics announced on Wednesday that it will launch Fanatics Markets, a fan-driven prediction market platform, through a strategic partnership with Crypto.com. Similar to Polymarket and Kalshi, Fanatics Markets will allow users to trade contracts that predict the outcomes of real-world events.

According to the press release, Fanatics Markets will launch in two phases. The first phase, which launched today, covers event contracts in the sports, finance, economics, and politics sectors. The second phase will begin early next year, at which time Fanatics Markets will expand to event contracts in areas such as cryptocurrency, stocks/IPOs, climate, popular culture, technology/artificial intelligence, film, and music.