The U.S. sports betting giant is expanding into crypto event contracts, blending entertainment and financial speculation.
FanDuel is taking a calculated gamble of its own. The U.S.-based online gambling firm announced plans to launch a new prediction markets platform next month, one that merges the thrill of betting with the precision of financial markets.
The new venture, built in partnership with derivatives powerhouse CME Group, will introduce event contracts on cryptocurrencies and other economic benchmarks, including oil, gas, and gold.
Coming this December, CME Group is launching prediction markets with @FanDuel. Through the new FanDuel Predicts app, customers will have the ability to trade event contracts on global benchmarks and economic indicators, with sports outcome contracts available in non-online sports…
— CME Group (@CMEGroup) November 12, 2025
CME Group Official Announcement
Betting meets blockchain
Set to debut in December, the upcoming FanDuel Predicts mobile app will allow users to place bets on the outcomes of everything from crypto price moves to sports results and even macroeconomic indicators.
“We can’t wait to bring FanDuel’s proven approach to product innovation into this dynamic sector,” said Amy Howe, CEO at FanDuel.
The collaboration with CME, a global leader in financial derivatives, signals a strategic crossover. FanDuel gains institutional-grade market infrastructure, while CME extends its footprint into the fast-growing space of retail prediction trading.
“Our partnership with CME Group allows us to leverage their deep market expertise built over decades while delivering the seamless, accessible and trusted experience our customers expect.”
The rise of crypto prediction markets
The move comes at a time when crypto-native prediction platforms are entering a new boom cycle.
The prediction market sector is projected to reach $95.5 billion by 2035, with underlying derivatives integrating with DeFi protocols.
Just last week, reports surfaced that Gemini is preparing to launch its own suite of prediction market contracts, joining incumbents like Kalshi and Polymarket, which have dominated volume and user growth in recent months.
Meanwhile, Robinhood, buoyed by record Q3 earnings from crypto and options trading, has also hinted at expansion into prediction-based products, betting on retail traders’ appetite for more “gamified” financial experiences.
Robinhood Prediction Markets just crossed 4 billion event contracts traded all-time, with over 2 billion in Q3 alone. And we’re just getting started. pic.twitter.com/13LxjqWaNt
— Vlad Tenev (@vladtenev) September 29, 2025
Robinhood Predicition Market Results.
A mainstream shift in speculative culture
“This is indicative of a trend we’re seeing where more and more industry players are taking notice of the prediction market space,” said James Newman, Chief Corporate Affairs Officer at Chiliz, in an interview with Cryptonews.
Newman added that the real challenge for these companies isn’t simply entering the space, it’s integrating responsibly, creating systems that balance innovation with user protection.
“Sustainable integration means creating an ecosystem that fosters deeper connections, where fans are not just spectators but are empowered as stakeholders,” he said.
Polymarket goes prime time with Yahoo Finance
Elsewhere, the world’s largest crypto prediction market, Polymarket, announced a high-profile partnership with Yahoo Finance, becoming its exclusive provider for crypto-related prediction data.
Both Polymarket and Kalshi have posted record trading volumes in recent months, with an increasing number of institutional traders and data analysts viewing prediction markets as a novel way to quantify real-time sentiment.
Prediction markets expansion
Among the companies, Google is joining the prediction market boom. The company is integrating real-time data from Kalshi and Polymarket into Google Finance, giving users instant access to market-implied odds on elections, economic forecasts, and other global events. Robinhood recently launched a Kalshi-powered prediction hub, while MetaMask and Sam Altman’s World App added access to Polymarket.
Meanwhile, Gemini is preparing to debut Gemini Titan, a CFTC-regulated prediction market allowing users to trade real-world outcomes under the same oversight as futures and options.
Roman Zaika
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